In April 2017, National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) merged to create First Abu Dhabi Bank (FAB). FAB became the largest bank in the UAE and one of the largest financial institutions in the world.

Is Fab a government bank?

The Government of Abu Dhabi and related entities would own approximately 37 percent. The brand name of the new entity was changed to First Abu Dhabi Bank (FAB). As of close of trading on March 30th, 2017, FGB shares were delisted from the Abu Dhabi Securities Exchange.

What is fab in UAE?

FAB, the UAE's largest bank and one of the world's largest and safest institutions, offers an extensive range of tailor-made solutions, and products and services, to provide a customised experience. ... To empower its customers and clients to Grow Stronger, FAB initiated a powerful movement, which goes beyond banking.