First Abu Dhabi bank

First Abu Dhabi bank

Description:"First Abu Dhabi bank (FAB) has one of the largest networks in the UAE with an expanding network of more than 120 branches and cash offices and 490 ATMs across the country. FAB’s international network consists of 50 branches and 60 ATMs in 12 countries stretching across four continents from the Far East to North America, giving it the largest global network among all UAE banks. Since 2009, FAB has been ranked consecutive year one of the World’s 50 Safest Banks by the prestigious Global Finance magazine, making FAB the safest bank in the Middle East. FAB was also named in 2011 the Best Bank in the UAE for the third consecutive year and for the fifth time in a decade by Euromoney. FAB surpassed the US$1 billion net profits in 2010, becoming the first UAE bank to reach this milestone. FAB is rated senior long term/short term A+/A-1 by Standard & Poor's (S&P), Aa3/P1 by Moody’s, AA-/F1+ by Fitch and A+ by Rating and Investment Information Inc (R&I), giving it one of the strongest combined rating of any Middle Eastern financial institution. A comprehensive financial institution, FAB offers a range of banking services including retail, investment and Islamic banking services. FAB grows strategically toward its Vision to be recognised as the World’s Best Arab Bank."

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