Abu Dhabi, UAE, 6 May 2026: First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has had its ‘AA-’rating with a Stable Outlook affirmed by Fitch Ratings.
Fitch highlighted FAB’s flagship status within the UAE and Abu Dhabi, supported by its strong domestic franchise, robust funding and liquidity profile, and sound asset quality. The agency also noted FAB’s significant exposure to government and public-sector entities, alongside strong capitalisation and ample liquidity buffers, with a Group CET1 of 12.8% and a liquidity coverage ratio (LCR) of 145% as of March-end 2026.
Fitch also highlighted the resilience of the UAE banking sector and Abu Dhabi’s strong sovereign balance sheet, supported by low public debt and large net foreign assets.
This rating affirmation reflects Fitch’s continued confidence in FAB’s systemic importance, strong sovereign backing and prudent risk management, supporting the bank’s ability to navigate regional uncertainty while continuing to support clients and the UAE economy.
FAB currently maintains the strongest combined credit ratings among MENA Banks and one of the highest globally, at AA- or equivalent across the 3 major rating agencies.
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About First Abu Dhabi Bank (FAB)
Headquartered in Abu Dhabi with a global footprint beyond 20 markets, FAB is the finance and trade gateway to the Middle East and North Africa region (MENA). With total assets of AED 1.49 trillion (USD 406 billion) as of March-end 2026, FAB is among the world’s largest banking groups. The bank provides financial expertise to its wholesale and retail client franchise across three business units, including Investment Banking & Markets, Wholesale Banking, and Personal, Business, Wealth & Privileged Client Banking Group.
FAB is listed on the Abu Dhabi Securities Exchange (ADX) and rated Aa3/AA-/AA- by Moody’s, S&P, and Fitch, respectively, with a stable outlook.
On sustainability, FAB holds an MSCI ESG rating of ‘AA’, ranks first among MENA banks and is within the top tier of global banks according to LSEG ESG Scores (formerly Refinitiv ESG Scores). FAB is also rated in the best Sustainalytics ESG Risk Rating category among global banks, with a Low ESG Risk.
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