Banks in Sharjah are those financial intermediaries that channelize public savings into investments. Banks in Sharjah issue currency, process and settle payments with customers, lend and borrow money, transform maturities, intermediate credits and improve their qualities, and so on. Sharjah banks are also responsible for acquiring money on term deposit basis and issuing bank cheques and drafts; on the whole, offering efficient services to the population.
Sharjah Banks
Some of the renowned banks in Sharjah are as follows:
- National Bank of Sharjah (NBS): is a twenty five years old bank in Sharjah. Its branches are numerous in number, sprawling across the mainland of United Arab Emirates. The Bank renders monetary services to the national population and the emigrants simultaneously. As a reputed financial institution, the National Bank of Sharjah works towards improving the standards of their customer services. The bank maintains privacy of information about their clients and customers, through a special process known as the ZyImage document management system, This device is digital in nature, archiving customer details in the form of micro-film documents, to prevent theft and degradation.
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- Mashreq Bank Sharjah: is an international subsidiary organization, and one of the most important banks in Sharjah. As per the norms of the Standard Industrial Classification (SIC), Mashreq Bank acts as agencies and branches of other foreign banks. It is also performs the functions of a commercial bank, following the North American Industry Classification System (NAICS). In fact, the bank is known to be one of the best commercial banks in Sharjah, specializing in financial activities and transactions.
- ICICI Offshore Bank Dubai Sharjah: The ICICI Bank has branches in different cities of United Arab Emirates, including Sharjah. Like all other ICICI branches across the world, in Sharjah too, the Bank excels in services like NRI Banking, Commercial Banking and Personal Banking, meeting the requirements of native and international customers successfully.
- HSBC Offshore Sharjah: specializes in Islamic Banking services, meant only for the Islamic population living in Sharjah. Besides, the regular banking services including Business Banking, Personal Banking, and others are equally competent like any other branch of HSBC. Its unique cash deposit machine saves the customer's time and remains functional on a round-the-clock basis. The vast ATM network of HSBC Sharjah offers 24-hour services to people staying around Al Wahda Street, Khalidiya Street, Al Orouba Street, King Faisal Street, Al Arooba Street and so on.
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