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First Abu Dhabi Bank (FAB)

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Overview

First Abu Dhabi Bank (FAB) is the UAE's largest bank + operating in 20+ countries serving millions of customers 1, 2, United Arab Emirates report. 2025 baseline: Forbes Middle East "30 Most Valuable Banks 2025" #3 with market value over US$43 billion.

FAB Mobile App 3: Primary digital-banking channel for FAB customers; handles virtually all everyday banking needs without branch visits; 24/7 mobile banking; access to accounts + cards + payments + loans + investments.

History

April 1, 2017 — First Abu Dhabi Bank (FAB) formed via merger of National Bank of Abu Dhabi (NBAD) + First Gulf Bank (FGB) — distinctive UAE mega-bank consolidation creating UAE's largest bank.

2017-2025 — Mass UAE + multi-country expansion 1: UAE primary + Saudi Arabia + Egypt + Kuwait + Oman + Bahrain + UK + France + Switzerland + US + Singapore + Hong Kong + India + Korea (14+ countries).

2025 — Forbes Middle East "30 Most Valuable Banks 2025" #3 with market value over US$43 billion 2.

Ownership & operator

Operating entity: First Abu Dhabi Bank PJSC (ADX: FAB) — formed Apr 1, 2017 via NBAD + FGB merger.

Major shareholders: Mubadala Investment Company (Abu Dhabi sovereign wealth fund) + Abu Dhabi government entities + ADX public float.

Regulators: CBUAE (Central Bank of the UAE).

Technical integration

Layer Description
Channels FAB Mobile App (iOS + Android) + FAB cards + FAB branch network
Identifiers Phone + email + card number + Emirates ID
AE rail Aani (CBUAE national instant payment + IPP)
License Bank (FAB full UAE banking license; UAE's largest bank by assets)
Sub-products FAB Account + FAB Cards + FAB Credit + FAB Investments + FAB Insurance + FAB for Business + FAB Capital + FAB Wealth
Multi-country presence: UAE + SA + EG + KW + OM + BH + UK + FR + CH + US + SG + HK + IN + KR (14+ countries)

Users & growth

2025 baseline 1, 2:

  • UAE's largest bank by assets (post-Apr 1, 2017 NBAD + FGB merger)
  • Forbes Middle East "30 Most Valuable Banks 2025" #3 — market value over US$43 billion
  • 20+ countries of operation; millions of customers
  • Specific 2025 FAB Mobile user numbers: not publicly disclosed in current sources

Use cases

UAE + multi-country retail + corporate + investment banking via FAB Mobile + branches; AANI national instant payment + IPP; FAB Capital investment + FAB Wealth + FAB for Business + multi-country international presence (14+ countries).

Implementations & partners

Operator: First Abu Dhabi Bank PJSC (ADX: FAB; post-Apr 1, 2017 NBAD + FGB merger).

Major shareholders: Mubadala Investment Company (Abu Dhabi sovereign wealth fund) + Abu Dhabi government entities + ADX public float.

Major UAE banking competitors:

  • Emirates NBD (ENBD X) (Emirates NBD; Dubai's biggest bank by assets; ENBD X mobile app + Liv X digital bank; 9M+ active customers in MENAT)
  • Commercial Bank of Dubai (CBD) (Commercial Bank of Dubai; CBD digital banking 120+ services)
  • Abu Dhabi Islamic Bank (ADIB) (Abu Dhabi Islamic Bank; ADX: ADIB; UAE Islamic banking)
  • Mashreq NEO + NEOPAY (UAE) (Mashreq Bank UAE digital banking)
  • Abu Dhabi Commercial Bank (ADCB) + Dubai Islamic Bank (DIB) + Emirates Islamic + RAKBANK (UAE banking competitors)
  • Wio Bank (Batch 27 covered; UAE Abu Dhabi-anchored digital bank; ADQ + e& + Alpha Dhabi + FAB)

Regulator: CBUAE.

Fun facts

  • UAE's largest bank by assets (post-Apr 1, 2017 NBAD + FGB merger).
  • Forbes Middle East "30 Most Valuable Banks 2025" #3 with market value over US$43 billion.
  • 20+ countries of operation; millions of customers — distinctive UAE mega-bank multi-country presence.
  • Apr 1, 2017 NBAD + FGB merger formed FAB — UAE mega-bank consolidation.
  • Mubadala Investment Company (Abu Dhabi sovereign wealth fund) major shareholder.
  • Wio Bank co-investor — UAE digital banking ecosystem participation.

Comparison

Feature FAB Mobile Emirates NBD (ENBD X) (Dubai's biggest bank rival) Commercial Bank of Dubai (CBD) (CBD UAE digital banking rival) Abu Dhabi Islamic Bank (ADIB) (UAE Islamic banking comparable) Wio Bank (Batch 27; UAE Abu Dhabi-anchored digital bank co-investor)
Operator First Abu Dhabi Bank PJSC (ADX: FAB; Mubadala + Abu Dhabi government + ADX public float; post-Apr 1 2017 NBAD + FGB merger) Emirates NBD (DFM: EMIRATESNBD; Dubai government-owned) Commercial Bank of Dubai PJSC (DFM: CBD) Abu Dhabi Islamic Bank PJSC (ADX: ADIB) Wio Bank (UAE; ADQ + e& + Alpha Dhabi + FAB co-investors)
Type UAE's largest bank by assets + multi-country bank (14+ countries) + FAB Mobile Dubai's biggest bank by assets + MENAT 9M+ customers + ENBD X + Liv X digital bank UAE digital banking 120+ services UAE Islamic banking + ADIB Direct corporate + Nov 2025 Smart Sukuk Platform UAE Abu Dhabi-anchored digital bank
Country UAE + 13+ other countries UAE + multi-MENAT UAE UAE + EG + UK + IQ + SA UAE
Distinctive UAE's largest bank by assets; Apr 1 2017 NBAD + FGB merger formed FAB; Forbes ME "30 Most Valuable Banks 2025" #3 with US$43B+ market value; 20+ countries of operation; Mubadala parent Dubai government-owned; ENBD X primary mobile-banking; Liv X digital-bank crypto trading Mar 2025 UAE 120+ services app; instant transfers to BD + IN + PK + PH UAE Islamic banking; Nov 2025 ADIB Smart Sukuk Platform UAE Abu Dhabi-anchored; ADQ + e& + Alpha Dhabi + FAB co-investors

Status

Active, UAE's largest bank by assets + Forbes ME "30 Most Valuable Banks 2025" #3 1, 2:

  • First Abu Dhabi Bank PJSC (ADX: FAB) since April 1, 2017 (NBAD + FGB merger).
  • UAE's largest bank by assets.
  • 20+ countries of operation.
  • Market value over US$43 billion.
  • Mubadala Investment Company (Abu Dhabi sovereign wealth fund) major shareholder.
  • CBUAE regulated.

Sources

Source

Biography extracted from first-abu-dhabi-bank.md. See matrix.md for standards-support matrix if present.

source · content/wallets/first-abu-dhabi-bank/index.md