Close Menu
    What's Hot

    'Bullying' and 'overbearing' behaviour behind abrupt BP chairman removalBP declined to comment on whether bullying behaviour was part of the reason for his immediate dismissal.1 hr agoBusiness

    May 26, 2026

    Internet starts coming back in Iran after months-long blackoutInternational internet access has been cut off in the country since the start of the war in late February.40 mins agoMiddle East

    May 26, 2026

    Israel is no longer ‘shooting and crying’

    May 26, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • Economy
    Facebook X (Twitter) Instagram
    Gulf News Week
    Subscribe
    Tuesday, May 26
    • Home
    • Politics
      • Europe
      • Middle East
      • Russia
      • Social
      • Ukraine Conflict
      • US Politics
      • World
    • Region
      • Middle East News
    • World
    • Economy
      • Banking
      • Business
      • Markets
    • Real Estate
    • Science & Tech
      • AI & Tech
      • Climate
      • Computing
      • Science
      • Space Science
      • Tech
    • Sports

      Dominant PSG put Liverpool on the brink with 2-0 Champions League quarter-final first-leg win

      April 9, 2026

      Dubai Basketball U-18 Elite Crowned Basket Cup Sarajevo 2026 Champions in Historic Debut

      April 6, 2026

      Saudi boxing crowns 20 champions as Kingdom’s Elite Belt concludes in Riyadh

      April 4, 2026

      “He Signed for a Real Fight”: Pacquiao Contradicts Mayweather Over Rematch Status

      April 3, 2026

      Arsenal Hold Off Chelsea Fightback to Reach Women’s Champions League Semi-Finals

      April 2, 2026
    • Health
    • Travel
    • Contact
    Gulf News Week
    Home»Editor's Choice»First Abu Dhabi Bank profit surges 24% to Dh16b as AI powers record 9-month growth
    Editor's Choice

    First Abu Dhabi Bank profit surges 24% to Dh16b as AI powers record 9-month growth

    Dr Issac PJBy Dr Issac PJOctober 22, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    First Abu Dhabi Bank profit surges 24% to Dh16b as AI powers record 9-month growth
    Share
    Facebook Twitter Pinterest Email Copy Link

    First Abu Dhabi Bank (FAB) on Wednesday reported record earnings for the first nine months of 2025, with Group net profit jumping 24 per cent year-on-year to Dh16.02 billion — its highest ever for the period. 

    Profit before tax rose 26 per cent to Dh19.25 billion, while return on tangible equity (RoTE) stood at 20 per cent, well above the bank’s medium-term target.

    The robust performance reflects broad-based growth across all divisions, driven by strong client activity, diversified revenue streams, and productivity gains from FAB’s AI-driven transformation strategy. 

    Operating income climbed 16 per cent year-on-year to Dh27.65 billion, supported by sustained business momentum. Net interest income rose 2 per cent to Dh14.96 billion, while non-interest income surged 37 per cent to Dh12.7 billion — accounting for nearly half of total revenue — boosted by higher fees, commissions, and investment income.

    In the third quarter alone, net profit advanced 21 per cent to Dh5.39 billion. Loans and advances grew 13 per cent year-to-date to Dh596 billion, reflecting strong demand in trade-linked financing, while customer deposits rose 8 per cent to Dh848 billion. Total assets climbed 14 per cent to Dh1.38 trillion, with capital and liquidity ratios comfortably above regulatory requirements.

    FAB’s Common Equity Tier 1 (CET1) ratio stood at 13.7 per cent and its Liquidity Coverage Ratio (LCR) at 158 per cent.

    Group CEO Hana Al Rostamani said the record results underscore FAB’s sustained growth momentum and the success of its diversification strategy. “We deepened client relationships, expanded across key trade corridors, and strengthened our role as a trusted partner in global investment flows,” she said. FAB is expanding its presence in Europe, Turkey, and Nigeria, and plans to open a new branch in India as part of its strategy to reinforce its position as a leading corridor bank.

    Al Rostamani highlighted the growing impact of FAB’s artificial intelligence adoption, noting that AI integration across operations has significantly enhanced agility and efficiency. “By embedding intelligent technologies across the Group, we are redefining how we serve clients and driving long-term value creation,” she said.

    Group CFO Lars Kramer said FAB’s strong third-quarter performance was supported by resilient margins and double-digit revenue growth across all divisions. “Our balance sheet remains strong, enabling us to pursue strategic priorities from a position of strength,” he said. Kramer also pointed to FAB’s commitment to sustainable finance, citing the bank’s issuance of its inaugural Blue Bond — the first by a GCC bank — and its first Low Carbon Energy Bond.

    FAB’s international operations continue to deliver robust results, contributing 17 per cent of Group revenue. Loans and deposits from overseas markets rose 23 and 18 per cent respectively, reinforcing the bank’s role as a regional anchor for cross-border capital and trade flows.

    The bank also continues to set a benchmark for AI-enabled transformation, deploying 18 live AI agents across functions including trade operations, customer service, and finance analytics. These systems have doubled processing capacity and reduced turnaround times by up to 50 per cent, underscoring FAB’s position as a pioneer in technology-driven banking excellence.

    Analysts said FAB enters the final quarter of 2025 with strong momentum, solid capital buffers, and high confidence in sustaining its growth trajectory into 2026 and beyond.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Dr Issac PJ

    Related Posts

    Middle East

    Israel is no longer ‘shooting and crying’

    May 26, 2026
    Middle East

    In Lebanon, everything and nothing has changed since 2000

    May 25, 2026
    Editor's Choice

    UAE fast-tracks Gulf trade corridors amid Iran conflict

    May 25, 2026
    Editor's Choice

    UAE office rents surge as prime space shortage tightens market

    May 25, 2026
    Editor's Choice

    Fitch affirms UAE’s ‘AA-’ rating as strong buffers shield economy

    May 25, 2026
    Editor's Choice

    Gold regains shine as war fears, Fed uncertainty ignite safe-haven rush

    May 25, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    'Bullying' and 'overbearing' behaviour behind abrupt BP chairman removalBP declined to comment on whether bullying behaviour was part of the reason for his immediate dismissal.1 hr agoBusiness

    May 26, 2026

    Internet starts coming back in Iran after months-long blackoutInternational internet access has been cut off in the country since the start of the war in late February.40 mins agoMiddle East

    May 26, 2026

    Israel is no longer ‘shooting and crying’

    May 26, 2026

    Russia ramps up threats against Ukraine. What does that say about the war?Moscow's rhetoric may point to the Kremlin's nervousness over the war's direction, our defence correspondent writes from Kyiv.20 mins agoEurope

    May 26, 2026
    Latest Posts

    Israel is no longer ‘shooting and crying’

    May 26, 2026

    In Lebanon, everything and nothing has changed since 2000

    May 25, 2026

    UAE fast-tracks Gulf trade corridors amid Iran conflict

    May 25, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Advertisement
    Demo
    Gulf News Week

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    'Bullying' and 'overbearing' behaviour behind abrupt BP chairman removalBP declined to comment on whether bullying behaviour was part of the reason for his immediate dismissal.1 hr agoBusiness

    May 26, 2026

    Internet starts coming back in Iran after months-long blackoutInternational internet access has been cut off in the country since the start of the war in late February.40 mins agoMiddle East

    May 26, 2026

    Israel is no longer ‘shooting and crying’

    May 26, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Gulf News Week. Designed by HAM Digital Media.
    • Home
    • Politics
    • Economy
    • Sports

    Type above and press Enter to search. Press Esc to cancel.