# FAB Egypt

> Source: https://docs.barcoder.ai/docs/wallets/fab-egypt
> research date 2026-05-30 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [FAB Egypt — official](https://www.bankfab.com/en-eg)

## Key details

- **Users:** 14M customers

## Overview

**FAB Egypt** is **FAB UAE parent ~94% controlling post-2021 Bank Audi Egypt acquisition + Apr 2021 EFG Hermes investment bank acquisition** + **EGX: FAEG** + **Egyptian commercial bank** <sup>[1][1], [Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup>.

## History

**2006 — Bank Audi Egypt founded** distinctive Egyptian commercial banking heritage.

**Apr 2021 — FAB UAE acquires Bank Audi Egypt + rebrands to FAB Egypt + EFG Hermes investment bank ~51% controlling acquisition** distinctive UAE-Egyptian banking acquisition.

**2014 — FAB Mobile Egypt mobile banking app launch**.

## Ownership & operator

**Operating entity**: **First Abu Dhabi Bank Egypt** (EGX: FAEG; FAB UAE parent ~94% controlling).

**Major shareholders**: **First Abu Dhabi Bank FAB UAE (ADX: FAB; UAE's #1 bank by assets) ~94% controlling + Egyptian retail + institutional + foreign investors**.

**Regulators**: **CBE (Central Bank of Egypt)**.

## Technical integration

FAB Mobile Egypt mobile banking app (iOS + Android) + bankfab.com/en-eg online + FAB Egypt branch network + FAB Egypt Visa + Mastercard + Meeza cards; InstaPay (IPN) + Meeza.

## Implementations & partners

**FAB Group**: [First Abu Dhabi Bank (FAB)](https://docs.barcoder.ai/docs/wallets/first-abu-dhabi-bank) (First Abu Dhabi Bank FAB; ADX: FAB; UAE's #1 bank by assets; ~14M customers; FAB Egypt parent post-2021 Bank Audi Egypt acquisition).

**Major Egyptian banking competitors**: [National Bank of Egypt (NBE)](https://docs.barcoder.ai/docs/wallets/nbe-egypt) (National Bank of Egypt; Egypt's largest state-owned bank by assets) + [CIB (Commercial International Bank Egypt)](https://docs.barcoder.ai/docs/wallets/cib-egypt) (CIB Egypt; Egypt's largest private bank by market cap) + [QNB AlAhli](https://docs.barcoder.ai/docs/wallets/qnb-alahli) (QNB Alahli Egypt; QNB Group Qatari parent ~99% controlling) + [Banque Misr (BM Online + onebank)](https://docs.barcoder.ai/docs/wallets/banque-misr) (Banque Misr; Egyptian state-owned bank since 1920) + [ADIB Egypt](https://docs.barcoder.ai/docs/wallets/adib-egypt) (ADIB Egypt; ADIB UAE parent ~52.6% controlling) + [Banque du Caire (Egypt)](https://docs.barcoder.ai/docs/wallets/banque-du-caire) (Banque du Caire; Banque Misr ~99.9% controlling) + [HSBC Egypt](https://docs.barcoder.ai/docs/wallets/hsbc-egypt) (HSBC Egypt).

**Regulator**: CBE.

## Status

**Active, FAB UAE parent ~94% controlling post-2021 Bank Audi Egypt acquisition + EGX:FAEG + Egyptian commercial bank** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.bankfab.com/en-eg "FAB Egypt — official"
[2]: https://en.wikipedia.org/wiki/Bank_Audi "Bank Audi — Wikipedia"
[eg-cro]: https://docs.barcoder.ai/docs/payments/EG

- [1] [FAB Egypt — official][1]
- [2] [Bank Audi — Wikipedia][2]
- <sup>[Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup> In-corpus: `reports/countries/EG-egypt.md`

## Source

Biography extracted from [fab-egypt.md](https://docs.barcoder.ai/source/wallets/fab-egypt). See `matrix.md` for standards-support matrix if present.