Our Bank is the leading bank in the Middle East and one of the safest banks in the world.
Our roots in Abu Dhabi give us a deep understanding of the dynamics of the Arab region and its connection to the world’s markets. And we aim to become the number one bank for anyone who wants to do business along the region.
- Created by the historic merger of two leading UAE banks (FAB & FGB) in April 2017.
- Largest bank in the UAE and 2nd largest in MENA by total assets and market capitalisation.
- Strongest combined credit ratings of any bank in MENA at Aa3 / AA- / AA- with stable outlook, affirmed post merger completion.
- Largest regional and international network of branches, subsidiaries, representative offices and offshore booking centres.
- Extensive range of market leading conventional and Islamic products and services through our business segments: Corporate and Institutional Banking (CIB), Personal Banking (PB) including Private Banking & Wealth (PB&W), Islamic franchises and other subsidiaries.
- Superior asset quality, cost efficiency and strong internal capital generation capacity.
- Strong shareholding with ~37% UAE Government ownership.
- Prudent risk management and robust governance framework led by prominent Board and experienced Senior Leadership team with proven track record.
Our London Branch is Authorized by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request.
Products and Services
- Personal Banking
- Global Markets
- Corporate and Investment Banking
Personal Banking
Products and Services
- Property Investment facilities
- Property development facilities
- Current and Deposit accounts
Customer segments:
- Principal customers are High Net Worth with a MENA background.
- Main business focus is property investment and development in the UK with a focus on London residential and commercial real estate market.
- Additional facilities of current accounts and deposits are provided to principal customers.
Corporate and Investment Banking
Products and Services:
- Lending via bilateral loans, syndications
- Trade Finance via letters of credit, bonds & guarantees, discounting
- Project finance
- Structured trade finance
- Deposits
Customer segments:
- Principal customers are investment grade, mainly publicly listed in core industries such as aerospace/defence, FI, oil and gas and related service sector.
- Trade Finance via letters of credit, bonds & guarantees, discounting
- Customer base is generally active in the MENA region.
Global Markets
LB Products: ALM (liquidity / LB Balance Sheet Management)
- Money market instruments (cash / CDs)
- FX spot, FX forwards, FX swaps
- Interest Rate Swaps / Futures
- Bonds
LB Services: GM Sales (CIB clients)
- Money market instruments (cash / CDs)
- FX spot, FX forwards, FX swaps
- Interest Rate Swaps / Futures
- Bonds
Products and Services where regulated activity of dealing is undertaken from LB on HO Balance sheet
- Repos and Reverse Repos
Customer segments:
- Eligible Counterparties
- Per Se Professional
- Retail (Local Authorities)
Corporate & Investment Banking
Our Global Banking and Markets division provides corporate and investment banking and capital markets products and services to corporate, institutional and government clients.