FIRST ABU DHABI BANK

First Abu Dhabi Bank (FAB) is the largest bank in the United Arab Emirates by assets, created in 2017 through the merger of National Bank of Abu Dhabi and First Gulf Bank. Headquartered in Abu Dhabi and listed on the Abu Dhabi Securities Exchange (ticker: FAB), it operates a universal banking model spanning retail, corporate and investment banking, treasury, wealth management, and Sharia-compliant services via FAB Islamic. The group maintains an international network across the Middle East and North Africa and selected markets in Europe, Asia, and the Americas; in Egypt it operates as FAB Egypt following the acquisition and integration of Bank Audi Egypt. FAB reports capital and liquidity ratios above local regulatory minimums and holds high investment-grade credit ratings from major agencies, underpinned by its systemic importance. Core offerings in the UAE include current and savings accounts, credit cards, personal and home finance, auto loans, SME banking, cash management, trade finance, and markets services. Digital channels include mobile and online banking with electronic onboarding for eligible segments; pricing, minimum balance requirements, and international transfer fees vary by account type and customer tier. The bank is regulated by the Central Bank of the UAE, with subsidiaries and branches overseen by host-country regulators. Identifiable risk factors include concentration to the domestic economy and government-related entities, interest rate sensitivity, and regional geopolitical exposures. Recent strategic activity includes the establishment of Magnati, a payments arm, and expansion in Egypt; the group has periodically assessed inorganic growth opportunities in regional markets.