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First Abu Dhabi Bank Pjsc (United Arab Emirates)

Main Activities: Commercial Banking
Full name: First Abu Dhabi Bank Pjsc Profile Updated: May 05, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Arabic Download a sample report

First Abu Dhabi Bank was formed in 2017 after the amalgamation of the local National Bank of Abu Dhabi and First Gulf Bank. Prior to the merger, both banks have been operating in the local market for about 30 years. As a result of the merger First Abu Dhabi Bank became the largest bank in the UAE in terms of assets and one of the biggest in the Middle East as well. The bank provides both commercial banking and investment services. It runs six divisions, namely domestic banking, financial markets brokerage, international money markets and foreign exchange products, international banking, corporate and investment banking and wholesale banking group. It offers brokerage services through its subsidiaries, Abu Dhabi Financial Services LLC, private banking and asset management, and Islamic Banking. The Islamic banking offers Sharia-compliant banking and finance products, such as Murabaha, Istisna, Islamic Debit & Credit cards.

Legal Address
Fab Building, Khalifa Business Park 1 Al Qurum,P. O Box 6316
Abu Dhabi; Northern Emirates; Postal Code: 6316

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Website: http://www.nbad.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1968
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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33.354%
Subsidiaries
Abu Dhabi National Islamic Finance Pvt.JSC
100%
Abu Dhabi National Leasing LLC
100%
Abu Dhabi National Properties PJSC
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency AED. Absolute financial data is included in the purchased report.
Total assets
11.23%
Total equity
-0.23%
Total Assets Trend
-187.44%
Net Interest Income Trend
N/A
Loans to Deposits Ratio
-8.35%
Loans to Asset Ratio
-2.26%

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