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Get to know Bank of Sharjah

Established in 1973 by an Emiri decree issued by H.H. Dr. Sultan Bin Mohammed Al-Qassimi, the Ruler of Sharjah, Bank of Sharjah was the first bank in the Emirate of Sharjah and the fifth in the United Arab Emirates. It operates as a commercial bank offering a comprehensive portfolio of financial services, including retail banking for individuals, corporate and commercial banking, treasury services, and investment and private banking, primarily serving the UAE market. The bank is committed to contributing to the economic development of Sharjah and the wider UAE region.

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Financial BankingPRIMARY
Financial Other Service

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Bank of Sharjah

United Arab Emirates

Founded in

01 Jan 1973 (53 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.