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First Abu Dhabi Bank

Recent events

Recent events tied to this brand in public sources.

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  1. 2026

    Pure DC announces $780 million financing facility

    Pure Data Centres Group (Pure DC) announced a $780 million Platform Growth Facility with a $1.1 billion accordion, creating a framework to expand financing to approximately $1.9 billion. The facility is intended to support its development pipeline and acquisition of future sites across Europe and the Middle East.

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  2. 2022

    Masdar green REIT secures $200 million financing

    Masdar said its green Real Estate Investment Trust secured $200 million in financing from a deal signed with First Abu Dhabi Bank, which will be the mandated lead arranger.

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  3. 2022

    First Abu Dhabi Bank partners with Thomas Murray

    First Abu Dhabi Bank partnered with Thomas Murray on market information, with FAB providing surveillance support to Thomas Murray’s Securities Market Information database.

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  4. 2021

    First Abu Dhabi Bank and Ascenda partner on premium card portfolio

    First Abu Dhabi Bank partnered with Ascenda to launch a portfolio of premium Visa Signature and Infinite cards featuring a loyalty programme powered by Ascenda.

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  5. 2021

    First Abu Dhabi Bank appoints Hana Al Rostamani as Group CEO

    First Abu Dhabi Bank appointed Hana Al Rostamani as group chief executive officer, succeeding André Sayegh.

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  6. 2021

    First Abu Dhabi Bank and Bank Audi Lebanon agree to acquire Bank Audi Egypt

    First Abu Dhabi Bank and Bank Audi Lebanon announced a final agreement to acquire 100 percent of Bank Audi Egypt's capital. Completion was expected within the next few months, subject to conditions and regulatory approvals.

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  7. 2021

    Abu Dhabi launches supplier finance initiative with FAB and Daman

    The Abu Dhabi government announced a US$1.6 billion supply chain finance facility, with its first phase launched in partnership with First Abu Dhabi Bank (FAB) and Daman. The initiative initially serves SMEs in the healthcare sector.

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  8. 2020

    Techcombank receives $500 million syndicated loan

    Techcombank received full disbursement of its inaugural $500 million syndicated offshore loan facility. The proceeds are for general corporate and working capital purposes.

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  9. 2020

    First Abu Dhabi Bank nominates successor for group chief risk officer

    First Abu Dhabi Bank nominated Pradeep Rana to succeed Arif Shaikh as group chief risk officer. Shaikh was to continue leading the function for the next few months while working with Rana on the transition.

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  10. 2020

    Aldar partners with banks to offer home finance

    Aldar Properties partnered with Abu Dhabi Commercial Bank, Abu Dhabi Islamic Bank and First Abu Dhabi Bank to offer home finance at a fixed rate of 1.99% for three or five years at some of its developments. The offer was valid for 30 days.

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  11. 2019

    TAQA secures $3.5 billion revolving credit facility

    Abu Dhabi National Energy Company, known as TAQA, announced that it secured a new five-year, multicurrency US$3.5 billion revolving credit facility with a syndicate of 13 banks, replacing its existing US$3.1 billion facility.

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