He added: “Our capital ratios and liquidity metrics are robust and we operate in a healthy economic environment, backed by a strong and supportive government. These factors, combined with our excellent asset quality, and prudent approach to risk management leave us well placed to generate sustainable profitability and continue growing stronger.”
FAB’s solid fundamentals and financial strength has led the bank to become one of the most trusted banks in the region, with the strongest combined credit ratings of any bank in the MENA region – Aa3/AA/AA- by Moody’s, S&P and Fitch, respectively.