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.
Al Qurm – Business Park P.O. Box 6316
United Arab Emirates
Abdulhamid M. Saeed |
CSR report 2018|
Annual report 2018
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.
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Voluntary initiativesFirst Abu Dhabi Bank (FAB) has committed itself to the following voluntary standards:
First Abu Dhabi Bank's webpage on corporate and social responsibility can be accessed here.
First Abu Dhabi Bank (FAB) and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. First Abu Dhabi Bank (FAB) adopted the Equator Principles in 2015.
Reporting on the Equator Principles
First Abu Dhabi Bank (FAB) must report annually on its implementation of the Equator Principles. All information is supposed to be found here.