Abu Dhabi bank FAB crosses Dh10 billion in H1-2025 profit

Dubai: The UAE’s biggest banking group FAB’s first-half 2025 profits have gone past Dh10.6 billion, and that’s a significant increase on the Dh8.42 billion a year ago. This was on operating income of Dh18.3 billion (from Dh15.7 billion a year ago).

This is the first time FAB's net profit has cleared Dh10 billion in any half-year period.

"Our record performance reinforces FAB’s position as the 'UAE’s Global Bank' and reflects a franchise defined by scale, connectivity, and innovation, with AI increasingly embedded in how we operate and how we serve our clients," said Hana Al Rostamani, FAB Group CEO.

According to FAB, there was growth in both interest and non-interest income over H1-25, with the latter expanding faster.

Market analysts were pricing in a strong showing by UAE’s leading banks for the H1-2025 period, and results announced so far bear that out.

While domestic operations remain the engine of rapid growth, FAB's overseas network 'delivered strong H1-25 balance-sheet growth'.

Loans through those operations rose 28% and deposits by 24% year-on-year, 'highlighting FAB’s expanding global footprint beyond 20 markets'. "Key network markets, including the UK, France, Switzerland, and Saudi Arabia, were among the primary growth drivers, reinforcing FAB’s deepening presence across priority trade and investment corridors," said a statement.

International assets now total Dh383 billion (up 20%) for FAB, while that in the domestic operations are at Dh960 billion (an increase of 7%).

According to Lars Kramer, Group Chief Financial Officer at FAB, "With robust capital, liquidity and funding buffers, and a high-quality risk profile, FAB remains well-positioned to navigate evolving market conditions."