First Abu Dhabi Bank

Abu Dhabi, United Arab Emirates Founded: 2017 • Age: 9 yrs
Commercial banking services are provided in the United Arab Emirates.
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About First Abu Dhabi Bank

First Abu Dhabi Bank is a company based in Abu Dhabi (United Arab Emirates) founded in 2017. It operates as a Commission-Based, and Subscription Services. The company has 92 employees as of April 08, 2024. First Abu Dhabi Bank has completed 1 acquisition, including Bank Audi. First Abu Dhabi Bank offers products and services including Personal Banking, Corporate Banking, Islamic Banking, and Credit Cards. First Abu Dhabi Bank operates in a competitive market with competitors including Citi, Scotiabank, Emirates NBD, Bank of America and UniCredit, among others.

  • Headquarter Abu Dhabi, United Arab Emirates
  • Employees 92 as on 08 Apr, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name First Abu Dhabi Bank
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
    $0 (USD)
    4.67
    as on Dec 31, 2024
  • Net Profit
    $0 (USD)
    3.56
    as on Dec 31, 2024
  • EBITDA
    $9.12 M (USD)
    43.13
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
  • Employee Count
    92

    as on Apr 08, 2024

  • Investments & Acquisitions
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IPO & Listings of First Abu Dhabi Bank

First Abu Dhabi Bank is a publicly listed company on the ADX with ticker symbol FAB in UAE, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: ADX · Ticker: FAB . Sector: Finance · UAE

Products & Services of First Abu Dhabi Bank

First Abu Dhabi Bank offers a comprehensive portfolio of products and services, including Personal Banking, Corporate Banking, Islamic Banking, and Credit Cards. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Personal banking services are offered for individual clients.

Corporate banking solutions are provided for business clients.

Shariah-compliant banking products are offered to customers.

Various credit cards are provided with partner benefits.

People of First Abu Dhabi Bank
Headcount 500-1000
Employee Profiles 526
Employee Profiles
People
Abdulaziz Alhammadi
Executive Director - Corporate & Investment Banking
People
Mehnaz K.
Specialist - Fraud Risk And Investigations
People
Dhanya Gopinath
Service Owner
People
Alok Singhal
Vice President - Credit

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Funding Insights of First Abu Dhabi Bank

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by First Abu Dhabi Bank

First Abu Dhabi Bank has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bank Audi. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Leica photographic and hunting optics equipment is distributed.
1830
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - First Abu Dhabi Bank

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

First Abu Dhabi Bank Comparisons

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Competitors of First Abu Dhabi Bank

First Abu Dhabi Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Citi, Scotiabank, Emirates NBD, Bank of America and UniCredit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Diversified financial services are offered through commercial banking operations.
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Commercial banking services are provided to individuals and corporates.
domain founded_year HQ Location
Commercial banking and asset management services are offered worldwide.
domain founded_year HQ Location
Commercial bank
domain founded_year HQ Location
Personal, business, and Islamic banking services are offered regionally.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about First Abu Dhabi Bank

When was First Abu Dhabi Bank founded?

First Abu Dhabi Bank was founded in 2017.

Where is First Abu Dhabi Bank located?

First Abu Dhabi Bank is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.

Who is the current CEO of First Abu Dhabi Bank?

Hana Al Rostamani is the current CEO of First Abu Dhabi Bank.

How many employees does First Abu Dhabi Bank have?

As of Apr 08, 2024, the latest employee count at First Abu Dhabi Bank is 92.

What does First Abu Dhabi Bank do?

Banking solutions for personal, corporate, and investment needs are offered by First Abu Dhabi Bank. Services span across various sectors including Islamic banking, private banking, and commercial banking. A range of products such as accounts, cards, loans, mortgages, and insurance are provided. Innovative digital tools and mobile banking applications are developed to enhance customer experience. Partnerships with entities like Etihad Airways and Manchester City are maintained to offer exclusive benefits. The bank operates primarily in the United Arab Emirates with a focus on customer security and financial wellbeing.

Who are the top competitors of First Abu Dhabi Bank?

First Abu Dhabi Bank's top competitors include Citi, Scotiabank and Bank of America.

What products or services does First Abu Dhabi Bank offer?

First Abu Dhabi Bank offers Personal Banking, Corporate Banking, Islamic Banking, and Credit Cards.

Is First Abu Dhabi Bank publicly traded?

Yes, First Abu Dhabi Bank is publicly traded on ADX under the ticker symbol FAB.

How many acquisitions has First Abu Dhabi Bank made?

First Abu Dhabi Bank has made 1 acquisition, including Bank Audi.

What is First Abu Dhabi Bank's ticker symbol?

The ticker symbol of First Abu Dhabi Bank is FAB on ADX.

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