First Abu Dhabi Bank
First Abu Dhabi Bank (FAB) is the UAE's largest bank and one of the largest in MENA by assets (AED 1.40 trillion / USD 382 billion), offering universal banking — retail, corporate, Islamic, investment, and private banking — across 12+ countries.
- Company typePublic
- Founded1979
- HeadquartersDubai, United Arab Emirates
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
First Abu Dhabi Bank firmographics
Firmographics- Name
- First Abu Dhabi Bank
- Legal name
- First Abu Dhabi Bank PJSC
- Website
- https://www.bankfab.com
- Company type
- Public
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- First Abu Dhabi Bank (FAB) is the UAE's largest bank and one of the largest in MENA by assets (AED 1.40 trillion / USD 382 billion), offering universal banking — retail, corporate, Islamic, investment, and private banking — across 12+ countries.
- Ownership category
- akta.pro rank
First Abu Dhabi Bank industry classification
Industry- Product category
- Universal Banking
- NAICS
- Commercial Banking (522110)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- General SME & Middle-Market Commercial Banking (FSABABAA)
- akta.pro secondary industries
- Islamic SME & Commercial Banking (FSABAGAB), Islamic Corporate Banking (FSABAGAC), Block Trades & Accelerated Bookbuilds (ABB) (FSACAAAE)
Keywords
Where First Abu Dhabi Bank is headquartered
LocationHeadquarters
- HQ city
- Dubai
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices13 records
Markets served
First Abu Dhabi Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Net Interest Income: Interest income from lending activities including corporate loans, mortgages, personal finance, and Islamic financing products. FAB generates interest income from both conventional and Shariah-compliant financing across retail, SME, and corporate segments.
- Fee-Based Income: Fees from transaction banking services, trade finance, credit cards, wealth management, and investment banking advisory. FAB reported AED 3 billion in net fee and commission income from FABMISR alone in FY2025, demonstrating significant fee-based revenue streams.
- Capital Markets & Debt Issuance: FAB raises funds through bond and sukuk issuances under its $20 billion Euro Medium Term Note Programme, generating underwriting fees and strengthening its balance sheet. The bank issued a $1 billion AT1 instrument at 5.875% in November 2025 and a £450 million senior bond in February 2026.
- Islamic Banking Revenue: Revenue from Shariah-compliant products including Islamic savings accounts (up to 4.00% profit rate), Islamic personal finance, Islamic home finance, Islamic car finance, and Islamic credit cards. Islamic banking operates across retail, business, and investment segments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | iSave Savings Account - 4.00% p.a. interest rate |
| Subscription | Annual | Islamic Savings Account - up to 4.00% anticipated profit rate |
| Subscription | Monthly | Islamic Personal Finance - from 2.49% profit rate (reducing rate 4.74%) |
| Subscription | Monthly | Islamic Home Finance - from 3.99% profit rate |
| Subscription | Annual | FAB Rewards Active Credit Card - no fee first year |
| Transaction based/ take rate | Multi-year contract | Bond Issuance - 4.702% annual yield |
| Transaction based/ take rate | Multi-year contract | Additional Tier 1 Capital Instrument - 5.875% yield |
Go-to-market motion2 records
Distribution channels7 records
Marketing channels9 records
First Abu Dhabi Bank product offering
Product offeringCore offering
First Abu Dhabi Bank (FAB) is the UAE's largest bank by assets (AED 1.40 trillion / USD 382 billion), providing universal banking services across personal, SME, corporate, investment, Islamic, and private banking segments. It operates through physical branches, digital channels (FAB Mobile), and dedicated relationship managers across 12+ countries spanning MENA, Europe, Africa, and Asia. FAB generates revenue primarily through net interest income on conventional and Shariah-compliant lending, complemented by transaction banking fees, wealth management commissions, investment banking advisory, and capital markets activity.
Product overview
First Abu Dhabi Bank (FAB) operates as a unified universal banking platform offering a comprehensive portfolio across Personal Banking, Business Banking, Corporate and Investment Banking, Islamic Banking, and Private Banking segments. The core banking ecosystem is anchored by FAB Mobile (digital banking app), the Temenos-powered core banking engine, and the FAB Securities trading platform, supplemented by the FAB Islamic sub-brand for Shariah-compliant products, the FAB Private Banking wealth management division, and the recently launched DDSC UAE dirham-backed stablecoin on the ADI Chain blockchain. The bank serves retail customers through credit cards (FAB Rewards Active, ADNOC Rewards, Z Card, Elite, Travel, McLaren Racing co-brand), savings and current accounts (iSave, Islamic Savings), personal and home finance, while corporate and institutional clients access Global Transaction Banking, Global Corporate Finance, Global Markets, and trade finance capabilities.
Differentiator
Problem solved
Functional benefit
Brands
- FAB Islamic: Shariah-compliant banking products and services including Islamic accounts, Islamic cards, Islamic financing for cars, homes and personal use.
- FAB Private Banking
- FAB Securities
- FAB Art Platform
Products and services
- FAB Mobile FAB's flagship mobile banking application for retail, business, and corporate customers, enabling account opening via Emirates ID, smart transaction categorization, financial insights, real-time alerts, biometric authentication, instant product enrollment, international transfers, and 24/7 account management.
- FAB Rewards Active Credit Card A wellness-focused credit card rewarding fitness activity (25 FAB Rewards per 1,000 steps daily), offering complimentary fitness and payment ring, gym access, sports brand discounts, with no fees for the first year for new cardholders spending AED 3,000 within 30 days.
- FAB ADNOC Rewards Credit Card A co-branded credit card offering 15% cashback on all ADNOC fuel spending, providing everyday rewards and savings at ADNOC stations for retail consumers.
- FAB Z Card A credit card designed for Gen Z customers, offering benefits focused on streaming, gaming, and lifestyle with no annual fees.
- FAB Elite Credit Card A premium credit card with first-year fee waiver and exclusive Elite lifestyle benefits, targeting high-net-worth retail customers.
- FAB Travel Credit Card A travel-focused credit card offering travel benefits, including a current promotion providing a free one-night stay at Rixos Bab Al Bahr for new cardholders.
- iSave Account A conventional savings account offering 4.00% per annum interest on new funds, with no monthly fees, no minimum balance requirement, and unlimited withdrawals, available to retail customers.
- FAB Islamic Savings Account A Shariah-compliant savings account offering an anticipated profit rate of up to 4.00% per annum, structured under Islamic principles (no riba/interest).
- FAB Islamic Personal Finance Shariah-compliant personal financing with profit rates starting from 2.49% per year (equivalent reducing rate of 4.74%).
- FAB Islamic Home Finance Shariah-compliant home financing with fixed profit rates starting from 3.99% per year.
- FAB Cashback Islamic Credit Card A Shariah-compliant credit card offering up to AED 1,500 monthly cashback and 5% cashback on fuel, dining, and groceries.
- FAB Fitness Payment Ring A first-of-its-kind wearable fitness tracker with integrated contactless Mastercard payment capabilities, using Thales's miniaturized secure chip for payment tokenization and Tappy Technologies's wearable integration, available through FAB's online and retail banking channels.
- Business Banking Suite A comprehensive business banking platform offering commercial accounts, commercial cards, business loans, business mortgages, trade and working capital finance, FX solutions, insurance and wealth, and cash management services for SMEs and mid-market businesses.
- Global Transaction Banking FAB's corporate banking division providing domestic and international transaction banking, trade finance, cash management, and correspondent banking services for large corporate and institutional clients.
- Global Corporate Finance Investment banking division combining local expertise with international reach for M&A advisory, deal origination, structuring, distribution, debt and equity underwriting for corporate and institutional clients.
- Global Markets FAB's markets division offering insights and products across foreign exchange, interest rates, credit, and commodities, leveraging research and technology for corporate and institutional clients.
- FAB Securities (FABS Online) Professional brokerage and execution services subsidiary of FAB providing online securities trading platform for equities and investment products with experienced client care.
- FAB Private Banking FAB's wealth management division offering bespoke banking, investment advisory, discretionary portfolio management, real estate investments, Lombard lending, and end-of-service benefits funds for high-net-worth individuals and families across Switzerland, Saudi Arabia, Singapore, UK, France, and the UAE.
- FAB World Elite Debit Card A premium debit card for Private Banking clients offering world-class lifestyle benefits and privileges.
- FAB Art Platform An art-related banking platform offering FAB Private Banking clients privileged access to world-class artworks, cultural opportunities, and bespoke art advisory services in partnership with trusted art experts.
- FAB End of Service Benefits Funds A voluntary EOSB savings scheme enabling UAE companies to enhance employees' end-of-service benefits through the government's Alternative Voluntary EOSB Savings Scheme.
- DDSC UAE Dirham-Backed Stablecoin A UAE dirham-backed stablecoin co-developed by FAB with IHC and Sirius International Holding, approved by the UAE Central Bank, operating on the ADI Chain blockchain for institutional payments, treasury settlements, and trade flows.
- McLaren Racing Mastercard Pass A co-branded Mastercard debit or credit card offering exclusive McLaren F1 rewards and benefits as part of FAB's official race partnership with the McLaren F1 Team.
- FAB Non-Listed Company Loan A personal loan product designed for employees of non-listed companies, providing access to credit outside FAB's standard employer-approved list.
- Commercial Banking FAB's commercial banking segment serving SME and mid-market business clients with dedicated relationship management and tailored products.
- FAB Islamic Business Banking Shariah-compliant business banking products including Ijara financing, Murabahah financing, Islamic trade facilities, Islamic guarantees, and Islamic deposit accounts for SME and corporate clients.
- FAB Elite Banking Service A priority banking service for affluent retail customers offering dedicated relationship management and tailored banking products, with 20 dedicated branches near key frontline workplaces in the UAE.
Quantifiable outcome
- 24% year-on-year increase in net profit to AED 21.11 billion for FY2025
- +5 more outcomes
Companies that use First Abu Dhabi Bank
Customer profileNamed customers9 records
Segments7 records
Ideal customer profiles6 records
First Abu Dhabi Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
AI capability6 records
Feature5 records
First Abu Dhabi Bank partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered flagship and core.
- Azerbaijan Ministry of FinanceflagshipFAB's delegation met with Azerbaijan's First Deputy Minister of Finance Anar Karimov in Baku to discuss bilateral cooperation opportunities in economic and financial cooperation, strategic infrastructure financing, sustainable development, green finance, digital transformation, and capital markets development. Both parties expressed satisfaction with developing relations and interest in expanding cooperation.
- ADI Foundation and International Holding Company (IHC)flagshipFAB co-initiated the DDSC UAE dirham-backed stablecoin with IHC and Sirius International Holding, operating on ADI Chain, an institutional Layer-2 blockchain developed by the ADI Foundation. The Central Bank of the UAE approved DDSC for institutional use in February 2026, marking a milestone in the UAE's regulated digital finance landscape. IHC executed a $30 million (AED 110 million) DDSC transaction, demonstrating operational readiness.
- Mastercard (SMB Programme)flagshipFAB joined Mastercard's 'Built Small. Moving Strong.' programme alongside RAKBANK, Pemo, and Female Fusion to support SMBs in MENA with financial tools, digital enablement, and credit support amid trade disruptions and rising costs. RAKBANK committed AED 2 billion in additional SMB credit limits.
- TemenoscoreFAB extended its decade-long collaboration with Temenos to implement cloud-based core banking, payments, and data platforms for Islamic banking operations in Saudi Arabia. The deployment on cloud infrastructure enables FAB to deliver scalable, Shari'ah-compliant banking services across Retail, SME, and Corporate segments, supporting Saudi Vision 2030. FAB operates Temenos Core Banking across 12+ countries.
- Abu Dhabi Chamber of Commerce and IndustryflagshipFAB and the Abu Dhabi Chamber signed an MoU under which FAB serves as Strategic Sustainable Finance Partner for the Abu Dhabi Chamber Sustainability Label. The partnership provides a structured platform for knowledge exchange, capacity building, and market alignment, helping Abu Dhabi-based companies integrate sustainability into operations and access sustainable finance solutions as part of the emirate's economic diversification agenda.
- Microsoft and PresightcoreFAB hosted a virtual AI Agentathon with Presight and Microsoft, bringing together cross-functional teams to develop AI-driven solutions addressing real banking business challenges. Four teams comprising FAB, Microsoft, and Presight experts collaborated to design and present solutions evaluated on impact, feasibility, and business alignment. The initiative is part of FAB's strategy to accelerate AI adoption across operations.
- Bain & CompanycoreFAB engaged Bain & Company for an AI-driven sustainability transformation initiative, indicating a strategic consulting engagement to embed AI capabilities across FAB's sustainability and ESG frameworks.
- Mastercard, Tappy Technologies, ThalesflagshipFAB launched the Fitness Payment Ring — the first wearable fitness tracker with integrated contactless payment capabilities from a major bank — in partnership with Mastercard (payment network), Tappy Technologies (wearable technology), and Thales (miniaturized secure chip for payment tokenization). The product is available through FAB's online and retail banking channels.
- T. Rowe PriceflagshipFAB announced a strategic partnership with T. Rowe Price, under which the global asset manager serves as FAB's investment partner providing solutions across equity, fixed income, alternatives, and multi-asset strategies. The collaboration aims to expand investment offerings for FAB's clients across retail, private banking, and institutional segments throughout the GCC region. T. Rowe Price CEO Rob Sharps stated the partnership reflects the firm's commitment to growing through innovative global partnerships.
Scale indicators16 records
Recent moves11 records
Expansion highlights6 records
First Abu Dhabi Bank competitors and assessment
Company assessmentDirect peers
- Emirates NBD: Emirates NBD is the largest rival to FAB among UAE banks, operating retail, corporate, Islamic (Emirates Islamic), and investment banking franchises across the UAE and broader MENA, with comparable scale and a similar full-service universal banking model.
- Abu Dhabi Islamic Bank: ADIB is a UAE-headquartered Islamic bank competing directly with FAB Islamic across retail, corporate, and Shariah-compliant investment banking, including acting as a mandated lead arranger alongside FAB in transactions such as DAE's $2.8B RCF.
- Abu Dhabi Commercial Bank: ADCB is a major UAE universal bank offering retail, SME, corporate, and Islamic banking services that overlap directly with FAB's UAE franchise and competes for the same government, corporate, and high-net-worth clients in Abu Dhabi and Dubai.
- Mashreq Bank: Mashreq is a UAE-headquartered universal bank with retail, corporate, and investment banking franchises; it has participated alongside FAB in cross-border financings (e.g., the Vedanta $350M facility) and competes for UAE and regional corporate mandates.
- Dubai Islamic Bank: DIB is the largest Islamic bank in the UAE by assets, operating a Shariah-compliant retail, corporate, and treasury franchise that directly competes with FAB Islamic across deposit, financing, and capital markets products.
Broad incumbents
- Qatar National Bank: QNB is the largest bank in the Middle East by some measures and a regional universal bank with retail, corporate, and Islamic offerings that compete with FAB for GCC corporate, government, and cross-border mandates.
- Saudi National Bank: SNB is the largest Saudi bank by assets and a key regional competitor as FAB expands its Temenos-powered Islamic banking franchise into Saudi Arabia under Vision 2030, pursuing the same corporate, retail, and capital markets wallet.
- HSBC: HSBC is a global universal bank with deep MENA roots, competing with FAB in cross-border corporate banking, transaction banking, capital markets, and wealth management, and is a frequent co-arranger (e.g., Acelen $1.5B alongside FAB).
- Standard Chartered: Standard Chartered is a global bank with a strong MENA, Africa, and Asia franchise that competes with FAB in cross-border trade finance, corporate lending (e.g., Vedanta and Sonangol deals), and emerging-markets transaction banking.
Regional players
- National Bank of Kuwait: NBK is a leading Gulf universal bank with retail, corporate, private, and Islamic banking franchises across the MENA region that overlap with FAB's cross-border corporate and wealth management services for Kuwaiti and regional clients.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks6 records
Key highlights7 records
Customer concentration
First Abu Dhabi Bank social profiles
Digital presenceFirst Abu Dhabi Bank compliance and trust
Trust signalCompliance1 record
First Abu Dhabi Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
First Abu Dhabi Bank leadership team
Management profileNumber of profiles
Profiles10 records
First Abu Dhabi Bank subsidiaries and ownership
Company hierarchySubsidiaries3 records
First Abu Dhabi Bank funding detail
Funding detailFunding overview
Funding rounds11 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
First Abu Dhabi Bank M&A and investment
M&A and investmentM&A2 records
Investments47 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about First Abu Dhabi Bank
What does First Abu Dhabi Bank do?
First Abu Dhabi Bank (FAB) is the UAE's largest bank by assets (AED 1.40 trillion / USD 382 billion), providing universal banking services across personal, SME, corporate, investment, Islamic, and private banking segments. It operates through physical branches, digital channels (FAB Mobile), and dedicated relationship managers across 12+ countries spanning MENA, Europe, Africa, and Asia. FAB generates revenue primarily through net interest income on conventional and Shariah-compliant lending, complemented by transaction banking fees, wealth management commissions, investment banking advisory, and capital markets activity.
Is First Abu Dhabi Bank a public or private company?
First Abu Dhabi Bank is a public company. It is classified as public and is currently operating.
When was First Abu Dhabi Bank founded?
First Abu Dhabi Bank was founded in 1979. It employs 5,001 to 10,000 people.
Where is First Abu Dhabi Bank based?
First Abu Dhabi Bank is headquartered in Dubai, United Arab Emirates, in the Middle East region.
How does First Abu Dhabi Bank make money?
Four revenue lines are on record. Net Interest Income is the primary driver. The others are fee-Based Income, capital Markets & Debt Issuance and islamic Banking Revenue.
Who are First Abu Dhabi Bank's main competitors?
Direct peers on record are Emirates NBD, Abu Dhabi Islamic Bank, Abu Dhabi Commercial Bank, Mashreq Bank and Dubai Islamic Bank. Broad incumbents are Qatar National Bank, Saudi National Bank, HSBC and Standard Chartered. National Bank of Kuwait is listed as a regional player.
Does First Abu Dhabi Bank have an API?
No public API is recorded for First Abu Dhabi Bank.
What industry is First Abu Dhabi Bank in?
First Abu Dhabi Bank's product category is Universal Banking. Its primary akta.pro industry code is FSABABAA, General SME & Middle-Market Commercial Banking, with a secondary code of FSABAGAB, Islamic SME & Commercial Banking. Its NAICS code is 522110 and its SIC code is 6021.