Monday 18 June 2018
 
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First Abu Dhabi

FAB reports record Q1 profit of $816m

First Abu Dhabi Bank (FAB), the UAE’s largest bank, has reported a record net profit of Dh3 billion ($816 million) for the first quarter of 2018, up two per cent year-on-year and six per cent quarter-on-quarter. Operating in

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First Abu Dhabi Bank posts $2.2bn 9-month profit

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has reported a net profit of Dh8.09 billion ($2.20 billion) for the nine-month period ended September 2017, down 4

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UAE banks lead GCC with $723 billion in assets

The UAE banking system has been ranked the top banking sector in the Gulf region in terms of assets in the first half of 2017, while the total assets of the 48 banks operating in the country reached Dh2.66 trillion ($723 billion) for 2016.

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FAB awards luxury cars to customers

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest financial institutions, has awarded luxury cars to three customers, as part of a recent Credit and Debit Spend Campaign. Rauda Al Qubais

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UAE listed banks report over $5bn net profit in H1

A total of 19 listed banks in the UAE reported net profit of around Dh19 billion ($5.17 billion) during the first half of the year, a 3.8 per cent growth from around Dh18.3 billion posted during the corresponding period last year.

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