FAB is a leading financial institution in Egypt. It offers an extensive range of tailor-made solutions, products and services for all spectrums of customers.
FAB continually invests in people and technology to create the most customer-friendly banking experience.
The First Abu Dhabi Bank succeeded in expanding its customer base through offers designed to attract new customers and help in facilitating banking services procedures such as loans and account opening.
The bank offers a personalized banking experience to meet the various expectations of its customers from large organizations, SMEs and consumers whilst utilizing its global experience to support stakeholders, entrepreneurs and the local economy.
In 1975, the bank opened its first branch outside the UAE in Egypt, and has become one of the largest foreign banks in Egypt, providing an integrated set of banking services for individuals and corporates through a network covering Cairo, Alexandria, the Delta region and Upper Egypt, in addition to the Red Sea.
In June 2022, First Abu Dhabi Bank (FAB) Egypt announced the completion of a legal merger with Bank Audi Egypt, where all of the latter’s assets in Egypt will accordingly operate under FAB’s newly introduced brand identity ‘FABMISR.’
The legal merger and launch of FAB’s new brand in Egypt come after the bank obtained all the required regulatory approvals, including the final approval of the Central Bank of Egypt (CBE) and the General Authority for Investment and Free Zones (GAFI).
Through the legal merger, FABMISR will become one of the largest foreign banks operating in the Egyptian market, with assets of over EGP185bn ($10bn) as of 31 March 2022, 69 branches, and 207 ATMs.
