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#First Abu Dhabi Bank

FAB’s introduces its Electronic Direct Debit service to automate bill payments

First Abu Dhabi Bank (FAB) launched its Electronic Direct Debit System (eDDS), a service that will allow corporates to offer their customers an automated...

FAB partners with Visa on innovative mobile acceptance solution

First Abu Dhabi Bank (FAB) has partnered with Visa to bring an innovative mobile acceptance solution to UAE merchants.  The new solution, “Tap to...

FAB fully digitises account opening process for UAE SMEs

First Abu Dhabi Bank (FAB) has become the first bank in the Middle East to fully digitise the account opening process for SMEs through...

First Abu Dhabi Bank (FAB) third quarter 2020 group net profit of AED 2.5 billion, up 4% quarter-on-quarter

First Abu Dhabi Bank (FAB) announced its financial results for the nine-month period ended 30 September 2020. Following a resilient first, the bank delivered solid...

FAB shareholders approve transfer of legacy FGB banking licence to ADQ

First Abu Dhabi Bank (FAB) has received shareholder approval to transfer its legacy FGB banking licence to ADQ, one of the region's largest holding...

payit digital wallet by First Abu Dhabi Bank (FAB) launches Digital Marketplace to support retailers, SMEs and local businesses in moving online

payit digital wallet, powered by First Abu Dhabi Bank (FAB)has launched “Digital Marketplace”, which allows small and medium businesses to list and sell their...

USD 750 million benchmark Tier 1 six-year bond issued by First Abu Dhabi Bank

First Abu Dhabi Bank (FAB) has issued a USD 750 million benchmark fixed rate Additional Tier 1 perpetual non-call six-year bond. FAB attracted a quality...

First Abu Dhabi Bank partners with Tabby and Al Futtaim to launch UAE’s first in-store Buy-Now-Pay-Later offering

First Abu Dhabi Bank (FAB) has partnered with UAE-based fintech startup Tabby to enable acceptance of their Buy-Now-Pay-Later solution at FAB merchant partners. The...

FAB distributes nearly AED 4 million as part of COVID relief measures to over 6,000 SME merchants

First Abu Dhabi Bank (FAB) is disbursing nearly AED 4 million in rebates to merchants as part of Abu Dhabi’s relief measures initiated by...

FAB issues largest Chinese Yuan denominated dual-listed Formosa bond globally

First Abu Dhabi Bank (FAB) issued the largest-ever Chinese Yuan (CNH) denominated dual-listed Formosa bond globally, with a CNH 3.6bn five-year issuance making this...

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