Tag: #First Abu Dhabi Bank
FABMISR posts 139% surge in first-half net profit
Customers’ deposits rose by 39% to EGP 278.7 billion compared to December 2023
UAE’s FAB posts 6% rise in Q1 profit to AED 4.2 billion
The bank continues to maintain strong liquidity and robust operational efficiencies, as highlighted in its 24% cost-to-income ratio
UAE’s FAB unveils trade platform for asset managers MENASSA
The new platform is designed to navigate global regulatory complexities that impact investment flows
FABMISR inaugurates new Islamic branch in New Cairo
The new branch is designed to meet customers’ various needs, providing them with a comprehensive banking experience
UAE’s FAB joins Mastercard’s Priceless Planet Coalition
The coalition contributes to the UAE’s mangrove planting and restoration efforts that boost the country’s climate change mitigation and adaptation capabilities
UAE’s FAB to provide $135 billion in green finance by 2030
The banking group has facilitated over $27 billion in financing renewable energy, wastewater and green buildings since 2021.
FABMISR posts EGP 4.5 billion full-year net profit
The bank’s total assets grew by 55% compared to 2021 to reach EGP206.45 billion as of the end of December 2022
Qatar Investment Authority hikes stake in Credit Suisse to nearly 7%
Qatar Investment Authority (QIA) has doubled its stake in Credit Suisse to 6.87% from about 5.6% previously to become the second-biggest shareholder in the...
UAE’s First Abu Dhabi Bank explored offer for Standard Chartered
UAE-based First Abu Dhabi Bank (FAB) said Thursday that it had considered a bid for London-listed Standard Chartered ( StanChart) but was no longer...
Digital bank Wio partners with First Abu Dhabi Bank to facilitate deposits
State-backed digital bank Wio Bank said Monday that it has joined forces with First Abu Dhabi Bank (FAB) to offer business customers cash and...