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(USD 224 Billion)
Total Assets +10% YOY
(USD 111 Billion)
Loans and Advances
+16% YOY
(USD 141 Billion)
Customer Deposits +12% YOY
(USD 45 Billion)
Market Capitalisation +8% YOY
(USD 5.5 Billion)
Revenue +4% YOY
(USD 3.4 Billion)
Net Profit +4% YOY
H.H. Shk Tahnoon Bin Zayed Al Nahyan
FAB Chairman
Abdulhamid Saeed
Group Chief Executive Officer
FABs market leading CIB franchise and UAE-dominating PBG businesses are well complemented by its network of subsidiaries.
Deputy Group CEO and Group Head of Corporate and Investment Banking
CIB continued to lead the market both regionally and internationally throughout 2019 and successfully navigated the global economic turbulence thanks to its strong operating model and clear focus on strategic markets and client-led growth. All products, customer segments and markets delivered solid underlying performance, reflecting the
Read moreCIB continued to lead the market both regionally and internationally throughout 2019 and successfully navigated the global economic turbulence thanks to its strong operating model and clear focus on strategic markets and client-led growth. All products, customer segments and markets delivered solid underlying performance, reflecting the strength of CIB’s client-centric model.
Group Head of Personal Banking Group
PBG delivered a strong performance in 2019, generating a net profit of AED 3.5 Billion. Improved sales momentum drove increased revenue throughout the year, with significant growth in both deposits and loans balances. Operating income grew 1% year-on-year reflecting a pick-up in sales momentum
Read morePBG delivered a strong performance in 2019, generating a net profit of AED 3.5 Billion. Improved sales momentum drove increased revenue throughout the year, with significant growth in both deposits and loans balances. Operating income grew 1% year-on-year reflecting a pick-up in sales momentum throughout the year leveraging on a unified technology platform, enhanced product offerings, new partnerships and ongoing process improvements.
At FAB, we have established a work culture that puts our customers at the heart of everything we do, delivering superior value and sustainable growth for our shareholders. We believe in attracting, retaining and building the strength and abilities of our people to empower them to be strong ambassadors for FAB.
FAB’s approach to sustainability is embedded throughout the core of our business, as we build a stronger economic, social and environmental future for our customers, our people, our shareholders and our communities.
As part of our risk strategy, we have a comprehensive Enterprise- wide Risk and Compliance Framework aligned with our vision to drive consistent value for stakeholders through the optimisation of risk and reward.
Our strong group governance framework is built on the foundation of integrity, accountability and transparency, ensuring we approach business in an ethical and responsible behaviour.
