Noor Bank Gains Membership To FCI

Noor Bank, a leading Shari’a compliant bank in the UAE,is the first Islamic bank to have successfully obtained associate membership of FCI, a global representative of the factoring and receivables finance industry. This significant membership will enableNoor Bank to leverage the FCI network in more than 90 countries to offer export and import factoring facilities to clients in the UAE.

As an associate member, Noor Bank will have instant access to standardised procedures using a state-of-the-art communications system and arbitration services. This is in addition to the broad range of educational products, including e-learning, regional seminars and tailor-made training that will be made available. Noor Bank will also receive full access to statistics, studies, presentations and other useful information on the private library of the FCI website.