First Abu Dhabi Bank

First Abu Dhabi Bank

Leading UAE bank offering global services

Overview

FAB is the largest bank in the United Arab Emirates, serving individuals, SMEs, large businesses, and governments. It offers a broad range of services including personal, private, corporate and investment banking, wealth and asset management, trade finance, cash management, real estate finance, and Islamic banking, with access to global capital markets. It earns money from interest and fees across its products, and its online and mobile platforms let customers manage their finances digitally. Its goal is to support diverse clients with comprehensive financial services while expanding its international footprint and promoting ESG-aligned lending and energy-transition initiatives.

About First Abu Dhabi Bank

Simplify's Rating
Why First Abu Dhabi Bank is rated
B+
Rated A on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Financial Services

Company Size

N/A

Company Stage

IPO

Headquarters

Abu Dhabi, United Arab Emirates

Founded

2017

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Simplify's Take

What believers are saying

  • FAB's H1 2026 net profit reached AED 10.73 billion, despite higher overlays.
  • FAB opened a Lagos representative office in February 2026, extending sub-Saharan reach.
  • FAB launched paperless personal loans in August 2026, cutting friction and operating costs.

What critics are saying

  • FirstRand can still prolong South Africa entry if regulators reject FAB's license application.
  • Regional tensions forced AED 300 million overlays in Q1 2026, pressuring earnings quality.
  • Premium-card launches and blue-finance targets distract management from core lending execution.

What makes First Abu Dhabi Bank unique

  • FAB held AED 1.41 trillion assets in June 2026, dominating UAE banking scale.
  • FAB operates across 20-plus markets, bridging Gulf capital with Africa and global trade.
  • FAB first in MENA completed live tokenized USD settlements with Citi on Swift Ledger.

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Funding

Total Funding

$3.5B

Above

Industry Average

Funded Over

9 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Paid Vacation

Flexible Work Hours

Remote Work Options

Wellness Program

Mental Health Support

Conference Attendance Budget

Professional Development Budget

Stock Options

Company Equity

401(k) Retirement Plan

401(k) Company Match

Stock Options

Family Planning Benefits

Fertility Treatment Support

Adoption Assistance

Company News

Abu Dhabi News
Sep 18th, 2026
FAB ranked number one in inaugural TIME and Statista Arabia's Top Companies 2026 ranking.

FAB ranked number one in inaugural TIME and Statista Arabia's Top Companies 2026 ranking. WAM 18 Sep 2026, 20:52 GMT+ ABU DHABI, 18th September, 2026 (WAM) - First Abu Dhabi Bank (FAB), the UAE's global bank and one of the world's largest and safest financial institutions, has been ranked number one in TIME's inaugural Arabia's Top Companies of 2026 list, published in partnership with Statista, a leading international provider of market and consumer data and rankings. The ranking recognises the top 200 companies across Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE, assessing them based on employee satisfaction, revenue growth in recent years and sustainability transparency. Among the companies featured, banking and finance was the most represented sector, accounting for 15.5% of the list. The recognition follows a strong first half of 2026 for FAB, with net profit reaching AED10.73 billion and total assets of AED1.41 trillion, alongside continued growth across its international franchise and key businesses. FAB has continued to strengthen its position across innovation and sustainable finance. In September, the Bank became the first in the Middle East and Africa to complete live USD transactions at scale through Swift's Ledger MVP, using tokenised deposits. FAB also became the first MENA bank to join the UN Sustainable Blue Economy Finance Principles and established an AED100 billion blue finance target, building on AED395 billion in sustainable and transition financing facilitated as of H1 2026. Together, these developments reflect FAB's continued focus on delivering sustainable growth, strengthening its international franchise and investing in the capabilities that support its clients and the UAE's ambitions.

Fintech News Network
Sep 15th, 2026
FAB and Mastercard launch new invitation-only card in the UAE.

FAB and Mastercard launch new invitation-only card in the UAE. The invitation-only card gives FAB's high-net-worth clients a dedicated relationship manager and access to global lifestyle benefits. Get the hottest Fintech Middle East News once a month in your Inbox First Abu Dhabi Bank (FAB) has partnered with Mastercard to launch a new invitation-only credit card in the UAE. The FAB Royale World Legend Exclusive Mastercard targets FAB's high-net-worth clients. It is the first World Legend Exclusive card issued in the country. The card offers advanced security features, a dedicated relationship manager, and a range of global lifestyle benefits. Cardholders receive support through the Royale Lifestyle Concierge and access to the Mastercard Premium Lifestyle Program. Other perks include meet-and-greet services at 60 destinations worldwide and access to global economic forums held with Bloomberg. The card also includes access to The Mastercard Collection. This covers priority restaurant reservations, presale access to event tickets, and fast-track airport services at major hubs worldwide. "At FAB, our collaboration with Mastercard is all about creating meaningful value for our customers," said Yousef Nabil, VP, Head of Royale and UHNI Cards, FAB. "The FAB Royale World Legend Exclusive Mastercard embodies the shared commitment of Mastercard and FAB to bring first-of-its-kind, differentiated products to market," said Gina Petersen Skyrme, Senior Vice President and Country Manager, UAE and Oman, Mastercard. The launch is part of Mastercard's global rollout of World Legend, its newest consumer card tier. It follows the McLaren Racing Mastercard Pass, which FAB and Mastercard introduced in the UAE last year. Featured image: Edited by Fintech News UAE, based on image by starmultikharisma via Magnific

دار الخليج للصحافة والطباعة والنشر
Sep 10th, 2026
"First Abu Dhabi" and "Mastercard" launch a "card" with new benefits

"First Abu Dhabi" and "Mastercard" launch a "card" with new benefits September 10, 2026 12:30 pm | Last updated: September 10, 2026 13:07 Reading time - 1 First Abu Dhabi Bank and Mastercard launch World Legend Exclusive card in the UAE by special invitation with travel, dining, lifestyle and The Mastercard Collection benefits First Abu Dhabi Bank, in cooperation with Mastercard, launched the World Legend Exclusive Mastercard credit card, the first of its kind in the UAE. The card is granted exclusively by special invitation, offering its holders exceptional experiences and high-level personal services tailored to their needs. The card reflects the bank's keenness to meet the diverse needs of its premium customers by providing banking solutions and exclusive benefits that suit their lifestyles, and providing them with an integrated experience based on the highest levels of service and attention to detail. Cardholders will enjoy an exceptional set of benefits, including travel, dining and lifestyle experiences around the world. In addition, cardholders will benefit from The Mastercard Collection, a new package of exceptional benefits that opens up a wide range of exclusive experiences. Youssef Nabil, Head of Royale Cards and High Net Worth Individuals at First Abu Dhabi Bank, said: "The card is a gateway to exceptional experiences designed to align with each customer's preferences." Gina Petersen Skirm, Vice President and Regional Director of Mastercard in the UAE and the Sultanate of Oman, said: "The card embodies the shared vision between Mastercard and First Abu Dhabi Bank to provide innovative and distinguished products to the market. By making it available through a special invitation system, and the carefully selected benefits it offers and its acceptance around the world, the card gives its holders exceptional experiences wherever they are."

UAE News 24/7
Sep 2nd, 2026
FAB completes live tokenized deposit milestone with Citi through Swift Ledger.

FAB completes live tokenized deposit milestone with Citi through Swift Ledger. Abu Dhabi, 2 September 2026: First Abu Dhabi Bank (FAB), the UAE's global bank and one of the world's largest and safest financial institutions, has successfully completed live USD transactions at scale as part of Swift's Ledger Minimum Viable Product (MVP), using tokenized deposits and Swift smart contract settlements to enable 24/7 cross-border payments. Completed bilaterally with Citi, the transaction validated the end-to-end interaction between existing Swift payment messaging, tokenized deposits and distributed ledger infrastructure. FAB is the first bank in the Middle East and Africa to reach this milestone, marking an important step in the bank's digital assets journey. The Swift Ledger initiative is designed to reduce fragmentation across emerging tokenized money networks by providing a trusted orchestration and interoperability layer. The transaction demonstrates how regulated commercial bank money can support faster, programmable and 24/7 cross-border payments, while FAB's participation builds on its broader tokenized deposit strategy and collaboration with Swift, regulators and industry partners. Tokenized deposits remained on participating banks' balance sheets, while the Swift Ledger coordinated payment commitments and recorded corresponding interbank liabilities without taking custody of funds. Interbank settlement remained separate and was completed through established correspondent banking channels, preserving existing liquidity, risk management and control frameworks. FAB will continue to work with Swift and other participating institutions on subsequent phases of the initiative, including expanded interoperability, 24/7 cross-border settlement capabilities and programmable treasury solutions for institutional and corporate clients. About First Abu Dhabi Bank (FAB) Headquartered in Abu Dhabi with a global footprint beyond 20 markets, FAB is the finance and trade gateway to the Middle East and North Africa region (MENA). With total assets of AED 1.41 trillion (USD 384 billion) as of June-end 2026, FAB is among the world's largest banking groups. The bank provides financial expertise to its wholesale and retail client franchise across three business units, including Investment Banking & Markets, Wholesale Banking, and Personal, Business, Wealth & Privileged Client Banking Group. FAB is listed on the Abu Dhabi Securities Exchange (ADX) and rated Aa3/AA-/AA- by Moody's, S&P, and Fitch, respectively, with a stable outlook. On sustainability, FAB holds an MSCI ESG rating of 'AA', ranks first among MENA banks and is within the top tier of global banks according to LSEG ESG Scores (formerly Refinitiv ESG Scores). FAB is also rated in the best Sustainalytics ESG Risk Rating category among global banks, with a Low ESG Risk. To access its latest disclosures and presentations, please visit www.bankfab.com/en-ae/about-fab/investor-relations For investor-related queries, please contact FAB Investor Relations team on [email protected]

GCC Business News
Aug 24th, 2026
FAB launches paperless personal loan process with FAHR integration.

FAB launches paperless personal loan process with FAHR integration. Mon, 24 Aug, 2026 By Anjali Nair S.H, Sr. Desk Reporter * Follow author on First Abu Dhabi Bank (FAB) has launched its first fully automated and paperless personal loan application journey, supported by an integration with the Federal Authority for Government Human Resources (FAHR). The new digital process is available to eligible customers within FAB's FAHR-integrated employer network. It replaces several manual steps in the traditional loan application process by allowing employment and salary information to be securely validated through FAHR's central HR system. Through the integration, the system can retrieve up-to-date salary and employment data in real time, reducing the need for customers to obtain, print, scan, and submit salary certificates and salary transfer letters. You may like. The new journey simplifies the personal loan application process and reduces administrative requirements for customers and employers. It also supports automated data entry, helping improve the accuracy of information submitted during the application. Eligible customers can complete the application digitally, with verified employment and salary details used to support FAB's credit assessment. The process reduces the need for physical documentation and manual intervention from HR departments. The launch is part of FAB's broader digital lending transformation as the bank moves more financial services towards automated and paperless processes. By integrating verified data directly into the loan application journey, FAB aims to reduce processing friction and provide customers with a faster and more convenient borrowing experience. The initiative also highlights the bank's continued investment in digital banking capabilities and strategic partnerships supporting the UAE's broader digital transformation agenda.

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