First Abu Dhabi Bank
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Name in Arabic:
بنك أبوظبي الأول
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Country:
United Arab Emirates
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City:
Abu Dhabi
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Capital:
11,047,612,688
AED
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Phone:
+971-2-681-1511
Email:
[email protected]
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Email:
[email protected]
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P.O.Box:
6316
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Website:
https://www.bankfab.com/
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Founding Date:
13 February 1968
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General information
First Abu Dhabi Bank, formerly known as National Bank of Abu Dhabi, was established on February 12, 1968, and has been listed on the Abu Dhabi Securities Exchange since November 14, 2000.
On December 7, 2016, First Abu Dhabi Bank was formed through the merger of First Gulf Bank and National Bank of Abu Dhabi, resulting in a combined asset base of approximately USD 186 billion, representing a market share of 27% of the UAE banking sector. The merger was executed through a share swap, with First Gulf Bank shareholders receiving 1.254 shares of First Abu Dhabi Bank for each share they held in First Gulf Bank.
The bank offers a wide range of banking services to individuals and corporations, including personal and corporate finance, international banking, and wealth management solutions.
The bank has several subsidiaries, including: First Abu Dhabi Bank Securities, First Abu Dhabi Bank Real Estate, Abu Dhabi National Leasing, First Abu Dhabi Islamic Finance Company, First Abu Dhabi Bank Recruitment Services, First Abu Dhabi Bank Supply Services, and First Gulf Bank Information Technology Company.




