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FAB Reports Strong Financial Growth for First Half of 2026

Thu, Jul 23, 2026(91d ago)UAE

First Abu Dhabi Bank (FAB) delivered a robust financial performance for the first half of 2026, underscored by a seven percent jump in operating income to Dh19.5 billion. This growth was largely propelled by a significant increase in lending activity and a 14 percent rise in net interest income, which reached Dh11.48 billion. With a net profit of Dh10.73 billion and a return on tangible equity (RoTE) of 18.5 percent, the bank continues to outpace its medium-term targets. The lender’s balance sheet also expanded, with total assets climbing to Dh1.41 trillion and net loans reaching Dh661 billion, supported by a healthy increase in customer deposits.

Beyond the numbers, the bank’s strategic focus on modernization and market diversification has proven highly effective. Investments in artificial intelligence have already begun to yield significant dividends, boosting productivity by over 20 percent and drastically reducing manual workflows. Furthermore, FAB’s international operations saw a massive 35 percent revenue surge, while its commitment to sustainable finance remains on track, with Dh395 billion in capital mobilized toward its 2030 goal. Group CEO Hana Al Rostamani attributed these successes to the bank's resilient business model and a favorable economic climate in the UAE, noting that consistent execution and digital innovation remain central to the bank's long-term growth strategy.

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