Abu Dhabi, UAE — First Abu Dhabi Bank (FAB), the largest bank in the UAE, and DBS, Southeast Asia’s largest bank, have signed a Memorandum of Understanding (MoU) to foster sustainable business and investment growth, while enhancing innovation across the Middle East and Asia. The collaboration will leverage the strengths of both institutions to expand […]
Abu Dhabi, UAE – October 2024:First Abu Dhabi Bank (FAB), the UAE’s largest lender, posted a net profit of AED 4.46 billion ($1.2 billion) for the third quarter of 2024, marking a 5% year-on-year increase. This growth was driven by robust revenue expansion, which helped offset a sharp rise in impairment charges. The results exceeded […]
Abu Dhabi, UAE – July 16, 2024 – Al Maryah Community Bank (Mbank) proudly announces a strategic partnership with First Abu Dhabi Bank (FAB) that will reshape the local financial services landscape and expand Mbank’s geographical reach. This collaboration introduces an open banking opportunity that integrates Mbank’s services with FABePay portal. The partnership enables both […]