FINANCIAL NEWS

FAB records increase in H1 profit

27 Jul 2017

(MENAFN) First Abu Dhabi Bank (FAB), which is UAE’s biggest bank and one of the world’s largest financial institutions, has marked a combined pro-forma financial results for the first time post-merger.

Moreover, FAB group net profit during the first 6 months has jumped by 4% year-on-year to hit Dh5.49 billion.

Never the less, the First Abu Dhabi Bank was generated post the merger of National Bank of Abu Dhabi (NBAD) and FGB.

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