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FAB reports with a Group net profit of AED 3.9 billion in the first quarter

Key Highlights Strong start to 2023 with Group operating income of AED 6.7 billion, up 14% sequentially and 51% year-on-year, driven by sustained momentum...

Payit launches digital card for local and international payments

Payit, the UAE’s first fully featured digital wallet, is expanding access to cashless transactions with the launch of the new Letsgo Payit Visa Platinum...

FAB shareholders approve cash dividends of AED 5.74 Billion and elect new board members at General Assembly Meeting

First Abu Dhabi Bank (FAB) concluded its General Assembly Meeting (GAM) at FAB’s headquarters in Abu Dhabi. All items on the agenda were discussed...

FAB reports full year 2022 Group Net Profit of AED 13.4 Billion, up 7% year-on-year

Record profitability driven by strong underlying business performance in a rising rate environment; prudent risk management and cost discipline maintained amid continued investments  FY’22...

FAB launches 2023 Global Investment Outlook Report

First Abu Dhabi Bank (FAB has published its 2023 Global Investment Outlook report: ‘Heading into a New Cycle’. The report, written by the bank’s...

FAB launches report exploring the potential of Carbon Trading

First Abu Dhabi Bank  has launched a report which explores the potential of carbon trading. Titled: ‘Seizing the Carbon Trading Opportunity’, the report provides an...

FAB launches its first sustainability-linked current account with Landmark Retail

First Abu Dhabi Bank (FAB) has launched a new sustainability-linked current account for corporate clients, extending its leadership as an environmental pacesetter for the...

FAB takes part in COP27 panel to explore the future of NZBA in the MENA region

First Abu Dhabi Bank (FAB) took part in a panel discussion at COP27 hosted by the Net Zero Banking Alliance (NZBA). The panel, titled ‘Regional...

FAB & MAF partners to launch UAE’s first biometric payment card

From unlocking smartphones to gaining verified access to controlled locations, fingerprint authentication has become ubiquitous in our lives. According to a report, 81% of...

FAB reports net profit of AED 10.9 billion for the first nine months of 2022, up 19% year-on-year

Profitability supported by revenue growth in a rising rate environment, and lower provision charges; cost discipline maintained while continuing to invest in the business 9M’22...

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