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First Abu Dhabi Bank (FAB) is the United Arab Emirates' largest bank, headquartered in Khalifa Business Park, Abu Dhabi, and listed on the Abu Dhabi Securities Exchange under the ticker FAB. It was formed in April 2017 through the merger of National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB), bringing together FGB's consumer banking and credit card franchise with NBAD's wholesale banking and capital markets strengths. FAB operates through five business units — Investment Banking, Corporate and Commercial Banking, Consumer Banking, Private Banking and Global Markets — with an international network covering around 20 markets across five continents. It reported total assets of AED 1.21 trillion and group net profit of AED 17.1 billion for FY2024, and holds credit ratings of Aa3 (Moody's), AA- (S&P) and AA- (Fitch), among the strongest in the MENA region. Its largest shareholder is Abu Dhabi sovereign investor Mubadala Investment Company.
How this score is built
Based on 56 judged answers over the trailing 16 days.
6 recurring narratives found in AI answers about FAB (First Abu Dhabi Bank).
The safe giant: largest, best-rated UAE bank
positive