TOP 1O
FIRST
ABU DHABI BANK ( FAB )
Revenue : US $ 11.2 billion Employees : 13,000 CEO : Hana Al Rostamani Founded : 1968
The largest bank by assets in the UAE .
First Abu Dhabi Bank ( FAB ) secured a 46 % jump in Q3 2023 net profit to US $ 1.17bn , a record nine-month performance for the bank .
According to Global Finance Magazine , FAB is the safest bank in the Middle East , fifth safest in emerging markets , and 14th worldwide . FAB says it has 3 million customers in the UAE and a presence in 20 markets .
What ’ s more , FAB was named Best Bank in ESG in the UAE in 2022 . The first bank in the GCC to make a net-zero commitment by 2050 , and armed with a target of US $ 75 billion in green financing through 2030 , FAB is set to be a strategic enabler of the UAE ’ s sustainable future .
34 January 2024