First Abu Dhabi Bank (FAB)

First Abu Dhabi Bank (FAB)

Banking

Abu Dhabi, Abu Dhabi 971,173 followers

About us

FAB, the UAE’s largest bank and one of the world’s largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises. Headquartered in Abu Dhabi, in Khalifa Business Park, the bank’s international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates. To empower its customers and clients to Grow Stronger, FAB is initiating a powerful movement, which goes beyond banking. The Grow Stronger movement represents the bank’s promise to support its stakeholders’ goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future. Through a strong, diversified balance sheet, leading efficiency and a solid corporate governance structure in place, FAB is set to drive growth forward. Privacy Policy https://bit.ly/3iORn8G

Website
https://www.bankfab.com/
Industry
Banking
Company size
1,001-5,000 employees
Headquarters
Abu Dhabi, Abu Dhabi
Type
Public Company

Locations

Employees at First Abu Dhabi Bank (FAB)

Updates

  • Today, we launched the Bedaya Programme. It included learning about the course, the benefits, and the overall outcome of joining the programme. Emirati students were able to learn from each other, in addition to getting one-to-one insights from experts in the financial field. أطلقنا اليوم برنامج بداية الذي يتضمن فرصة التعرف على تفاصيله والفوائد التي يوفرها والفرص المستقبلية للمشاركين فيه. استفاد الطلبة الإماراتيون من تبادل المعرفة فيما بينهم، إلى جانب الحصول على توجيهات قيمة من نخبة من الخبراء في القطاع المالي.

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  • Introducing the Bedaya Programme—a flagship initiative designed exclusively for Emirati university students. This programme provides an opportunity to gain hands-on work experience, enhance your professional skills, setting the foundation for a successful career. نقدّم لكم برنامج بداية - مبادرة رائدة مُصممة حصرياً لطلبة الجامعات الإماراتيين. يوفر هذا البرنامج فرصة لاكتساب خبرة عملية مباشرة، وتطوير مهاراتك المهنية، مما يضع الأساس لمستقبل مهني ناجح.

  • We are proud to introduce the newly formed FAB Youth Council, in line with the UAE’s vision to empower young Emiratis in leadership and decision-making roles. With the support of our Group CEO, Hana Al Rostamani, this council will play a key role in driving FAB’s growth and aligning with the UAE’s National Youth Agenda 2031. Our youth are vital to the nation’s progress, and we look forward to their contributions in helping us achieve new milestones.

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  • As sustainability becomes a critical global focus, FAB has partnered with IMD to develop ESG capacity and drive forward the UAE’s ambitious sustainability agenda. FAB has successfully completed the third cohort of our flagship initiative, iFAB Frontiers in Sustainability Executive Education programme that has fostered cross-sector partnerships and equipped senior leaders from various organisations to drive tangible actions and gain momentum for change towards the global and local Net-Zero goalpost. As a global think tank, iFAB remains committed to empowering financial leaders who will drive sustainable growth and positive change in the banking and investment sectors. Congratulations to all participants on this significant achievement.

  • We have partnered with Libre Capital to explore blockchain-powered collateralised lending for tokenised Real World Assets (RWAs). Announced during Abu Dhabi Finance Week (ADFW), this collaboration aims to transform lending by introducing a fully automated, transparent, and efficient ecosystem. By leveraging tokenised assets as collateral, we are advancing secure credit facilities with robust compliance to global regulatory standards.

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  • We have said consistently in recent months that Chinese monetary and fiscal authorities will have to deliver more in the way of stimulus measures if the country’s growth aspirations are to have any meaningful chance of success. In its own Dick Turpin moment, China’s Politburo yesterday stood and delivered an outsized, surprise stimulus initiative and global markets are enthusiastically responding this morning. Asian bourses are generally higher, led by the CSI 300 index which gained as much as 3.3% at the open, but which has subsequently consolidated back to around 0.75% higher on the day at the time of writing. The Hang Seng was also higher initially but has subsequently dipped back below the waterline (-0.28%). But the Asia iTraxx credit indices are lower for choice, indicating better selling of protection and better buying of risk.

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Funding

First Abu Dhabi Bank (FAB) 1 total round

Last Round

Debt financing

US$ 908.8M

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