FAB retains top MENA bank ratings with stable outlook

FAB AA- equivalent credit ratings
Image credits: FAB | Cropped by GBN
By Shilpa Annie Joseph, Sr. Content Head
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First Abu Dhabi Bank (FAB) has reinforced its position as the ‎highest-rated banking group in the MENA region and among the highest-rated globally, with ‎AA- or equivalent ratings and stable outlooks following the latest affirmations by Moody’s, ‎S&P Global Ratings, and Fitch Ratings.‎

The latest affirmations underscore the bank’s strong financial profile, resilient balance sheet, and continued position among the world’s highest-rated banking institutions.

Together, these ratings place FAB at the top end of global bank credit quality underpinned ‎by strong standalone fundamentals, disciplined risk management, and systemic ‎importance within the UAE banking sector.‎

According to the statement, the latest affirmations come amid evolving regional developments, highlighting the ‎resilience of FAB’s financial profile and its consistent strength across capital, liquidity, ‎asset quality, and earnings capacity. Stable outlooks across all three agencies reflect ‎confidence in the Bank’s ability to sustain its strong profile through the cycle.‎

FAB’s credit profile is further supported by its market-leading UAE franchise, diversified ‎funding base, and strong sovereign linkage as the primary banking partner to the ‎Government of Abu Dhabi and leading government-related entities.‎

This strength is reflected in FAB’s continued access to international wholesale funding ‎markets, supported by a broad and diversified global investor base, with consistently ‎oversubscribed issuances and over AED 22 billion ($6.0 billion equivalent) raised year-‎to-date. ‎

With AA- or equivalent credit ratings, resilient fundamentals, and systemic importance, FAB ‎maintains one of the strongest credit profiles among global banks, positioning it to deliver ‎sustainable performance and returns across market cycles, as per the statement.

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