First Gulf Bank

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Recent Press Releases

• First Gulf Bank initiates share buyback19 November 2008

  Following ESCA approval received on 05 November, First Gulf Bank (FGB) Board of Directors decided to initiate the Share Buyback program for up to 10% of the Bank's shares issued and traded in the market.

• First Gulf Bank reports solid financial quarter with 68% increase22 October 2008

  First Gulf Bank has reported a net profit of AED 850 million for the 3rd quarter.

• First Gulf Bank reports another record quarter9 July 2008

  Q2 profit soars 70% to AED 808 million

• First Gulf Bank’s first wealth partners with SALAMA to offer Takaful products4 May 2008

  First Gulf Bank (FGB), one of the UAE's leading financial institutions, has announced a strategic partnership with SALAMA- Islamic Arab Insurance Company - the largest Takaful and Re-Takaful group in the world.

• First Gulf Bank opens state of the art branch in Madinat Zayed City24 February 2008

  Abu Dhabi-headquartered First Gulf Bank (FGB), one of the UAE's leading financial institutions, has opened a new branch in the emirate of Abu Dhabi at Madinat Zayed City, in the western province of the UAE.

• FGB’s first wealth brings open-ended certificates to the UAE11 February 2008

  First Gulf Bank (FGB), one of the UAE's leading financial institutions based in Abu Dhabi, is bringing to the UAE market a series of open-ended certificates issued by ABN AMRO Private Investor Products. This initiative is tailored to meet the financial needs of First Wealth clients, FGB's dedicated Wealth management service.

• First Gulf Bank sets new record profit 2007 profit exceeds AED 2 billion29 January 2008

  he Board of Directors of First Gulf Bank (FGB), one of the UAE's leading financial institutions, has announced its full year 2007 results today with record profit of AED 2,008 million - an increase of  31 % on its 2006 performance.

• FGB’s first wealth steps up NRI offering with Kotak tie up9 January 2008

  First Gulf Bank (FGB), one of the UAE's leading financial institutions, has stepped up its offering to the country's vast non-resident Indian (NRI) market through a tie-up with India's leading and fastest growing financial conglomerates Kotak Mahindra Group.