First Abu Dhabi Bank PJSC (FAB Bank, FAB) is a commercial bank that provides a wide range of banking services to private and corporate clients in the United Arab Emirates.
FAB is among the top 50 banks globally by market capitalisation and one of the world's largest banking groups. The bank provides financial expertise to its wholesale and retail client franchise across four business units: Investment Banking, Corporate and Commercial Banking, Consumer Banking, and Global Private Banking.
The merger of First Gulf Bank and National Bank of Abu Dhabi has created the biggest bank in the UAE with approx. $186 billion of assets as at March-end 2017.
Total assets: AED 1,2 billion or approx. USD 323 billion (December 31, 2023).
Net profit: AED 12.5 billion (2021).
Net profit: AED 12.5 billion (2021).
HQ: Abu Dhabi, UAE
Founded: 2017
ID: 2399. Updated: 14.05.2024
- Press Releases
- 14.05.2024 Infosys, a global leader in next-generation digital services and consulting, has announced a multi-year strategic collaboration with First Abu Dhabi Bank, to optimize and modernize FAB's IT infrastructure services.