Overview
Description
First Abu Dhabi Bank PJSC, commonly known as FAB, is a prominent banking institution headquartered in Abu Dhabi, United Arab Emirates. As the largest bank in the UAE by total assets, its primary function is to provide a comprehensive range of financial services to both individual and corporate clients. FAB offers a variety of products including personal banking, business banking, investment services, and Islamic banking solutions, making it a key player in the financial sector.
FAB significantly impacts various sectors like real estate, trade, and infrastructure through its extensive lending and investment activities. Additionally, the bank supports economic development in the region by facilitating trade finance and cross-border transactions. With a presence in numerous countries globally, FAB plays a crucial role in connecting the Middle Eastern markets with international financial systems.
Established in 2017 through the merger of First Gulf Bank and National Bank of Abu Dhabi, FAB is a cornerstone of the UAE's banking industry, renowned for its robust financial strength and innovative banking solutions. The bank's strategic initiatives focus on sustainability and digital transformation, thereby ensuring a forward-looking approach to banking and financial services.
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Instrument type
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Sector
Industry
Country
United Arab Emirates
MIC code
XADS