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First Abu Dhabi Bank

Growth Score40DXBi Rank44Heat Score100

First Abu Dhabi Bank PJSC

The UAE's largest bank, formed by the 2017 merger of NBAD and First Gulf Bank

Founded 2017PublicAbu Dhabi, United Arab Emirates, Abu Dhabi1000+ employeesbankfab.com
Prospect profilebankinguniversal-bankADX-listedAbu Dhabiwealth-managementinvestment-banking
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Overview

First Abu Dhabi Bank (FAB) is the UAE's largest bank by assets, formed in April 2017 through the merger of National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB). Headquartered in Abu Dhabi and listed on the Abu Dhabi Securities Exchange (ticker: FAB), it offers universal/commercial banking, investment banking, private banking and wealth management across the Middle East, Africa, Asia, Europe and the Americas. FAB reported total assets of AED 1.4 trillion and full-year 2025 net profit of AED 21.1 billion (up 24% year-on-year), making it the largest bank in the Middle East and Africa by assets.
40

Growth Score

Steady

100

Heat Score

Trending up

Details

Operating Status
Active
Company Type
Public
Headquarters
Abu Dhabi, United Arab Emirates
Founded
2017
Company Size
1000+ employees
Revenue
AED ~36.7 billion revenue (FY2025, per reported figures)

Stock listing

Abu Dhabi Securities Exchange (ADX): FAB

Products & Services

Personal Online Banking (UAE)

Retail internet banking platform for individual customers

Ratibi Prepaid Card

Payroll/prepaid card product

FAB Business Portal

Digital portal for business/SME clients

FABeAccess

Corporate online banking platform

FABOnline Banking Trade

Corporate trade finance banking platform

iBanking

Corporate online banking platform

FAB Securities Services (INSIGHT)

Institutional securities services platform

FABS Online

Retail investment/brokerage platform

Jaywan Debit Card

Debit card issued under the UAE national card scheme, launched July 2026

Dirham-backed stablecoin (in development)

Planned digital currency for institutional/government use, developed with IHC and ADQ, pending regulatory approval

People

Technology

Tech stack

Amazon Web Services (AWS) - documented cloud migration partnership for datacentre workloadsIBM Consulting hybrid multi-cloud platform - documented application migration/assessment engagement

Financials

Abu Dhabi Securities Exchange (ADX): FAB

Stock

Funding rounds

Projects

Contract Award / Technology PartnershipAnnounced

FAB Partners with IBM Consulting on Hybrid Cloud Transformation

FAB engaged IBM Consulting to conduct a discovery and assessment of applications and advance its migration to a hybrid multi-cloud environment, aimed at driving cost efficiency and enabling innovation.

Aug 15, 2026

PartnershipAnnounced

FAB and T. Rowe Price Strategic Investment Partnership

FAB and T. Rowe Price entered a strategic partnership under which T. Rowe Price becomes an investment partner to FAB, providing equity, fixed income, alternatives and multi-asset strategies across retail, private banking and institutional client segments in the GCC.

Jan 12, 2026

PartnershipAnnounced

FAB Named Official Banking Partner of Open Masters Games Abu Dhabi 2026

FAB became the Official Banking Partner for the Open Masters Games Abu Dhabi 2026, the first-ever edition of the Games in the Middle East, welcoming more than 25,000 participants (6-15 February 2026).

Aug 15, 2026

PartnershipAnnounced

FAB Named Strategic Banking Partner of UAE-India Start-Up Series 2.0

FAB became the exclusive Strategic Banking Partner for the UAE-India Start-Up Series 2.0, signed at Investopia Ahmedabad, aimed at helping high-growth Indian start-ups enter and expand into the UAE market.

Aug 15, 2026

M&A / DivestitureAnnounced

Sale of 60% Stake in Magnati to Brookfield Business Partners

FAB announced the sale of a 60% stake in its payments subsidiary Magnati to Brookfield Business Partners, retaining a 40% stake, as part of carving out and scaling its payments business.

Feb 28, 2022

Partnership / Product LaunchAnnounced

IHC, ADQ and FAB to pioneer UAE Dirham-backed stablecoin

First Abu Dhabi Bank, together with International Holding Company (IHC) and sovereign investor ADQ, announced plans to launch a Dirham-backed stablecoin for institutional and governmental digital-economy use, subject to Central Bank of the UAE approval.

Apr 28, 2025

PartnershipAnnounced

FAB and T. Rowe Price strategic partnership

FAB and T. Rowe Price entered a strategic partnership under which T. Rowe Price becomes an investment partner providing equity, fixed income, alternatives and multi-asset strategies to FAB clients across the GCC.

Jan 12, 2026

Project LaunchCompleted

FAB launches the Emirati Jaywan debit card

FAB launched the Jaywan debit card under the UAE's national card scheme (managed by Al Etihad Payments, backed by the Central Bank of the UAE), supporting domestic payments, ATM withdrawals and digital wallet integration.

Jul 20, 2026

PartnershipAnnounced

FAB and Amundi strategic partnership

FAB and Amundi signed a Memorandum of Understanding to expand investment solutions and asset management offerings across the GCC, spanning retail, private banking and institutional segments.

Dec 8, 2025

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