First Abu Dhabi Bank Overview
Pro stress-test →First Abu Dhabi Bank (FAB) is the largest bank in the United Arab Emirates. FAB is a financial institution offering a wide range of banking and financial services to individuals, businesses, and government entities, providing corporate and investment banking, retail banking, wealth management, and Islamic banking services. The bank operates as a regional powerhouse with significant international reach.
Strategic Profile
Pro stress-test →FAB combines emerging market growth potential with developed market governance and risk standards. The bank's diversified business model is increasingly underpinned by fee-based income, with non-interest revenue now accounting for more than 40% of group income. FAB operates across five continents with a presence in 20 markets including Asia Pacific, Europe, Americas, Middle East and Africa.
Competitive Landscape
Pro stress-test →As the UAE's largest bank by total assets and a major financial institution in MENA, FAB was created in 2017 through a strategic merger of First Gulf Bank and National Bank of Abu Dhabi. The bank competes with regional peers like Emirates NBD, Abu Dhabi Commercial Bank, and international banks, differentiating through scale, diversified international franchise, and emerging market growth combined with developed market discipline.
Industry Context
First Abu Dhabi Bank operates in Banking & Financial Services.
Key facts
Founded: 2017 · Headquarters: Abu Dhabi, UAE · Revenue: $9.98B