BA

Bank of Sharjah

verified

Sharjah-based commercial bank founded in 1973

Fintech Sharjah, UAE Founded 1973

About Bank of Sharjah

Bank of Sharjah is a commercial bank headquartered in Sharjah. It was founded in 1973, making it one of the earlier banks established after the UAE's formation, and it is listed on the Abu Dhabi Securities Exchange.

The bank has traditionally focused on corporate and commercial banking, serving businesses with lending, trade finance, cash management and treasury services. It also offers retail banking products such as accounts, cards and loans.

Trade finance has been important given Sharjah's large industrial and trading base, with companies relying on letters of credit and guarantees to import and export goods.

The bank has had a historical presence in Lebanon through a subsidiary, reflecting the region's long-standing banking ties.

Like many mid-sized UAE banks, Bank of Sharjah has worked on strengthening its balance sheet and modernising its digital services in recent years.

The Sharjah government is among its shareholders, linking the bank to the emirate's economy.

The UAE banking sector is regulated by the Central Bank, and competition among banks is strong, with larger national banks, foreign banks and digital banks all seeking customers.

Startups UAE lists Bank of Sharjah among the UAE's commercial banks.
account_circle Login to save startups & apply
Login Register