Three Blocks Section - EN - Page 4 - Finance House

With our business objective being closely tied to facilitating economical and financial means to UAE residents, our efforts also encompass reinforcements to the UAE society as a whole. With clearly set Alternative Advertising initiatives, monetary and non-monetary endeavors and a solid framework to stand on, Finance House has always taken the lead in driving both meaningful and impactful changes across the community. A dominantly shared culture among Finance House employees and a deeply rooted drive to help others, we take pride in our obstinate sponsorship efforts that aim to further enrich UAE’s local community.

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Finance House is committed not only towards clients, employees & shareholders, but also towards the community in which it operates and serves.

FH’s Alternative Advertising encompasses a range of approaches and activities that aim to support community development and recognize the socio-economic issues through several activities in different areas.

There are many categories of (Alternative Advertising) that Finance House is practicing reflecting its commitment towards our community, such as:

Environmental initiatives, Sponsorships, Volunteering, Donations and many more.

We believe good governance is as important to the success of Finance House as the operational achievements of the company is in the enhancement of shareholder value.

Click here to Corporate Governance and ESG Report 2023

The Board

The Board of Directors of Finance House is comprised of prominent UAE nationals from Abu Dhabi. The Board has been instrumental in establishing a strong corporate governance culture in the Company. It plays an important role in defining and enforcing standards of accountability that enable Management to manage the Company in the best interests of its shareholders.

The Board has a formal schedule of matters reserved to it and holds regular and frequent meetings. It is responsible for overall Company strategy, acquisition and divestment policy, approval of capital expenditure proposals and consideration of significant financing matters. It monitors the Company’s exposure to key business risks and reviews the annual budget of the Company. It also oversees its progress towards of budget achievement. In addition, the board considers environmental and employee issues and key appointments as well.

All directors are required to submit themselves for re-election at least once every three years.

Committees of the Board

The Board has established the following committees: the Investment & Credit Committee, and the Audit Committee.

The Investment & Credit Committee reviews investment opportunities, credit proposals and matters of credit policy, and reports its findings and recommendations to the Company’s Board of Directors.

The Audit Committee regularly meets to review the reports and recommendations of the independent internal audit team and external auditors, as also to monitor compliance with the laws and regulatory requirements.

Mission: To be responsive to our clients’ needs and provide them with an exceptional financial experience through knowledgeable and dedicated staff.

Vision: Finance House aspires to be a leader in its chosen domains by providing unique financial products and services to pre-identified niche market segments.

Finance House was established as one of UAE’s first “independent” finance companies. We commenced operations in July 2004, and our principal activities consist of investments, consumer and commercial financing. These business lines constitute the engines of the company’s continued growth.

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