First Abu Dhabi Bank (FAB)United Arab Emirates
Created on: 2017-02-13 14:40:04
Last update: 2019-10-04 12:04:58
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About First Abu Dhabi Bank (FAB)

First Abu Dhabi Bank (FAB) was established in April 2017 through the merger of the National Bank of Abu Dhabi and First Gulf Bank. FAB is the largest bank in the United Arab Emirates, it offers deposits, personal loans, e-banking, trade finance, foreign exchange, and other banking services. First Abu Dhabi Bank became a signatory to the Equator Principles in September 2015. BankTrack profiled this financial institution as part of our Equator Principles Track and Chase Project.

Website https://www.bankfab.com/en-ae/about-fab
Headquarters
Al Qurm – Business Park P.O. Box 6316
Abu Dhabi
United Arab Emirates
CEO/chair Abdulhamid M. Saeed
CEO
Supervisor
Central Bank of United Arab Emirates
Annual reports CSR report 2018
Annual report 2018
Ownership
listed on Abu Dhabi Securities Exchange

The Abu Dhabi Investment Council Company holds 33.35% of First Abu Dhabi Bank shares. The bank's complete shareholder structure can be accessed here.

Related Dodgy Deals

First Abu Dhabi Bank (FAB) has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Companies - active profiles

APRIL Indonesia profile

Pulp, Paper and Paperboard Mills
Debt – corporate loan
USD 835 million
15 December 2018
syndicated loan
source: Source: Thomson Reuters Eikon

Saudi Aramco Saudi Arabia profile

Oil and Gas Extraction
Debt – corporate loan
USD 10 billion
12 May 2020 - 12 May 2021
Coordinated and co-financed USD 10 billion one-year loan
source: Reuters
link

Wilmar International Singapore profile

Agriculture for Palm Oil
Debt – corporate loan
USD 19 million
2017
Revolving credit facility
source: Forests and Finance Database
link
There are no active companies for First Abu Dhabi Bank (FAB) now.

Companies - on record profiles

Golden Agri-Resources (GAR) Singapore profile

Agriculture for Palm Oil
Debt – corporate loan
USD 150 million
July 2015 - 13 July 2018
First Abu Dhabi Bank participated in a syndicated loan for $150 million to GAR
source: Friends of the Earth via Reuters
link

Golden Veroleum Liberia (GVL) Liberia profile

Agriculture for Palm Oil
Debt – corporate loan
USD 150 million
July 2015 - July 2018
First Abu Dhabi Bank participated in a syndicated loan for $150 million to GAR
source: Friends of the Earth via Reuters
link

Dodgy Deals map

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News

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Type:
Year:
blog
external news
our news

Saudi Aramco closes US$10bn loan

2020-05-12 | London | Reuters
blog
external news
our news

Global finance sector failing to apply conservation criteria to pulp and paper funding

2020-03-21 | New York/Amsterdam | Environmental Paper Network
blog
external news
our news

Massive forest fires and haze in Indonesia create public health and climate crisis

2019-09-19 | Environmental Paper Network
blog
external news
our news

FAB becomes first UAE bank to sign up to UN Global Compact

2017-11-28 | The Gulf Today
blog
external news
our news

NBAD, FGB merge, now 'First Abu Dhabi Bank'

2017-04-02 | Gulf News
blog
external news
our news

FGB and NBAD shareholders approve merger to create UAE’s largest bank

2016-12-08 | Emirates247.com

Documents

| | | | | | | | | | | |
Type:
Year:
annual reports

CSR report 2018

2019-10-04 00:00:00 | First Abu Dhabi Bank
csr policies

Sustainability policy statement

Date listed represents date as accessed on website
2019-10-03 00:00:00 | First Abu Dhabi Bank
bank documents

Equator Principles report 2018

2019-07-31 00:00:00 | First Abu Dhabi Bank
annual reports

Annual report 2018

2019-06-30 00:00:00 | First Abu Dhabi Bank
csr policies

Wolfsberg questionnaire

2018-09-03 00:00:00 | First Abu Dhabi Bank
annual reports

CSR report 2017

2018-03-31 00:00:00 | First Abu Dhabi Bank
annual reports

Annual report 2017

2018-03-31 00:00:00 | First Abu Dhabi Bank
csr policies

Anti money laundering policy

Date listed represents date as accessed on website
2017-11-07 00:00:00 | First Abu Dhabi Bank
annual reports

NBAD annual report 2016

2017-04-30 00:00:00 | NBAD
annual reports

NBAD Corporate Sustainability report 2015

2016-03-31 00:00:00 | NBAD
annual reports

NBAD Annual report 2015

2016-03-31 00:00:00 | NBAD

Links

Corporate Social Responsibility webpage

https://www.bankfab.com/en-ae/about-fab/sustainability

EPN assessment of policies against 14 minimum criteria - First Abu Dhabi Bank

Environmental Paper Network (EPN) evaluated the policies of 68 major financiers of the pulp and paper industry against 14 absolute minimum criteria that all financial institutions should require their clients, investments and business partners to respect in order to reduce social and environmental risks.

https://environmentalpaper.org/first-abu-dhabi-bank/

Policies

Voluntary initiatives

First Abu Dhabi Bank (FAB) has committed itself to the following voluntary standards:

Investment policies

First Abu Dhabi Bank's webpage on corporate and social responsibility can be accessed here.

Year:
csr policies

Sustainability policy statement

Date listed represents date as accessed on website
2019-10-03 00:00:00 | First Abu Dhabi Bank
csr policies

Wolfsberg questionnaire

2018-09-03 00:00:00 | First Abu Dhabi Bank
csr policies

Anti money laundering policy

Date listed represents date as accessed on website
2017-11-07 00:00:00 | First Abu Dhabi Bank

Equator Principles

Implementation and reporting

Contact and complaints

Good moves

Year: