April 23rd, 2026 - 05:47 GMT
First Abu Dhabi Bank (FAB) the UAE’s global bank and one of the world’s largest and safest financial institutions reported strong results for the first quarter of 2026. Operating income increased by 6% yoy to AED 9.34 billion, while operating profit rose by 5% yoy to AED 7.22 billion. The Group recorded a net profit of AED 5.01 billion, while Return on Tangible Equity (RoTE) remained firmly above the Group’s medium-term guidance at 17.8%. FAB’s performance for the period was supported by strong operating momentum across its franchise, diversified income ...