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FAB

ADX
16.64000 AED
0.14
0.83%
Last update Jul 11, 10:00 AM +04
Market closed
Day range
16.64000
16.82000
Previous close
16.78000
Open
16.78000
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First Abu Dhabi Bank PJSC
16.64
0.14
0.83%

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.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
United Arab Emirates
MIC code
XADS
Market closed

Exchange is currently closed
Main market opens in 13 minutes

09:46
00:00
10:00
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23:59

Trading Hours (Monday - Friday):

Main market
10:00 - 14:45
All times are displayed in the Asia/Dubai timezone (+04, UTC+04:00).