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First Abu Dhabi Bank (FAB)United Arab Emirates
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This profile is actively maintainedCreated on: 2017-02-13 14:40:04
Last update: 2022-08-19 11:38:16
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First Abu Dhabi Bank head offices, Khalifa Business Park Abu Dhabi. Photo: Google Earth/StreetviewAbout 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.
| 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 |
Hana Al Rostamani Group CEO |
| Supervisor | |
| Annual reports |
CSR report 2021 Annual report 2021 |
| Ownership |
listed on Abu Dhabi Securities Exchange
First Abu Dhabi Bank's largest shareholder is the Mubadala Investment Company (37.9%). The bank's complete shareholder structure can be accessed here. |
| Complaints and grievances |
First Abu Dhabi Bank does not have a complaints or grievances channel for individuals or communities that might have been affected by the bank's finance. |
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.
Dodgy Deals map
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Active profiles
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On record profiles
Policy Assessments
Tracking the Equator Principles
EPFIs reporting status
BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
First Abu Dhabi Bank (FAB)
2021-06-14
ARE
2020
1
0
0
1.000000001E+36
0
Explanation
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
For more details see this page.
Banks and Nature
Forest & Finance Policy Assessment 2022: Beef
BankLast update
Country
Score
Ranking
Details
First Abu Dhabi Bank (FAB)
2022-09-21
ARE
0
Laggard
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Explanation
A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
Forest & Finance Policy Assessment 2022: Overall scores
BankLast update
Country
Score
Ranking
Details
First Abu Dhabi Bank (FAB)
2022-09-21
ARE
0.2
Laggard
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Explanation
A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
Forest & Finance Policy Assessment 2022: Palm Oil
BankLast update
Country
Score
Ranking
Details
First Abu Dhabi Bank (FAB)
2022-09-21
ARE
0.2
Laggard
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Function: require_once
Explanation
A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
News
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Documents
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Links
Policies
Voluntary standards
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:
Equator Principles
Implementation and reporting
Contact and complaints
Good moves
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