First Abu Dhabi Bank - Company Profile
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First Abu Dhabi Bank (FAB) offers corporate, retail, private, and investment banking; Islamic banking; and real estate and management solutions. It provides loans, deposit accounts such as savings and current and term and fixed deposit accounts, Islamic finance, investment banking, and capital market solutions, debit and credit cards, global transaction services, private banking, real estate, and property management, and brokerage services. FAB also offers Shariah-compliant banking services. The bank operates through branch offices, ATMs, online portals, subsidiaries, and representative offices in the Middle East & Africa, Asia-Pacific, and Europe, and the Americas. FAB is headquartered in Abu Dhabi, the UAE.
First Abu Dhabi Bank premium industry data and analytics
Products and Services
Products | Services |
---|---|
Accounts and Deposits: | Institutional And Corporate Coverage |
Savings | International Banking |
Current and Call | Corporate & Investment Banking |
XYZ | XYZ |
XYZ | XYZ |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In April, the bank announced a collaboration with Microsoft to create a new AI Innovation Hub. |
2024 | Contracts/Agreements | In March, the company and Mastercard partnered to strengthen the digital payments landscape in Eastern Europe, the Middle East, and Africa region. |
2024 | Corporate Changes/Expansions | In March, First Abu Dhabi Bank Misr opened a branch in Banha City, Qalyubiyya Governorate, Egypt. |
Competitor Comparison
Key Parameters | First Abu Dhabi Bank | Emirates NBD Bank PJSC | Abu Dhabi Commercial Bank | Dubai Islamic Bank P.J.S.C. | Mashreqbank PSC |
---|---|---|---|---|---|
Headquarters | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates | United Arab Emirates |
City | Abu Dhabi | Dubai | Abu Dhabi | Dubai | Dubai |
State/Province | Abu Dhabi | - | - | - | - |
No. of Employees | 6,900 | 6,922 | 1,366 | 1,920 | 1,913 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Hana Al Rostamani | Chief Executive Officer | Senior Management | 2021 | - |
Suhail Bin Tarraf | Chief Operating Officer | Senior Management | 2022 | - |
Pradeep Rana | Chief Risk Officer | Senior Management | 2020 | - |
Rajesh Deshpande | Acting - Group Chief Credit Officer | Senior Management | - | - |
Nurendra Perera | Chief Audit Officer | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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