Customers will be able to conduct their banking transactions and services in all branches under the new brand called FABMISR
Hana Al Rostamani
First Abu Dhabi Bank reports highest quarterly net profit in its history at $1.38 billion in Q1 2022
The First Abu Dhabi Bank’s total income reached $1.98 billion and includes a $762.29 million net gain on the disposal of majority stake in payments business Magnati
First Abu Dhabi Bank opens office in Iraq to facilitate regional trade flow
The First Abu Dhabi Bank’s international network spans five continents, providing the global relationships, expertise, and financial strength to support local, regional, and international businesses seeking to do business at home and abroad
Etihad Rail, FAB ink $540m loan deal to drive expansion of UAE passenger railway
Launch of railway passenger services will connect 11 UAE cities and locations from Al Sila to Fujairah
UAE’s biggest bank sees 26% jump in net profit to $2.5bn
First Abu Dhabi Bank registers 17% rise in revenue for first nine months of 2021 on back of business growth
UAE’s largest lender unveils payments subsidiary Magnati
Existing payments business is now a fully owned subsidiary as it looks to build on $18bn deals in 2020
UAE’s largest lender FAB names first female CEO
Hana Al Rostamani takes over from Andre Sayegh, who spent less than a year in the role at First Abu Dhabi Bank