At Sharjah Islamic
Bank, we aim:
The Financial Institutions Department focuses on the establishment and maintenance of banking relationships with reputed institutions globally, in order to give our clients access to world-class payment and trader services. Thanks to the strong alliances we have built over the years, we are able to serve our clients’ business requirements anywhere in the world and at the most competitive prices.
Our trade services include issuing, advising and confirmation letters of credit, reimbursement undertakings, and issuance of standby LCs and guarantees.
With due consideration to all risk factors, the department also engages in the setting up of country ceiling, Banking lines and BKE arrangements.