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FAB’s net profits leap 26% in H1-25; global expansion plans unveiled

FAB’s net profits leap 26% in H1-25; global expansion plans unveiled
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FAB
FAB
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Abu Dhabi – Mubasher: First Abu Dhabi Bank (FAB) recorded net profits after tax valued at AED 10.65 billion in the first half (H1) of 2025, an annual increase of 26% from AED 8.42 billion.

Operating income jumped by 16% year-on-year (YoY) to AED 18.30 billion as of 30 June 2025 from AED 15.72 billion, according to the financial results.

The basic earnings per share (EPS) hiked by 27% to AED 0.93 in H1-25 from AED 0.73 a year earlier.

Total assets AED 1.343 trillion in the first six months (6M) of 2025 from AED 1.17 trillion in H1-24, whereas the customer deposits grew by 6% to AED 813 billion from AED 782 billion.

Financials for Q2-25

In the second quarter (Q2) of 2025, the net profits hiked to AED 5.51 billion from AED 4.26 billion in April-June 2024.

The lender’s net operating income jumped to AED 9.49 billion in Q2-25 from AED 7.75 billion in Q2-24, while the EPS rose to AED 0.49 from AED 0.38.

Quarterly, the Q2-25 profits climbed by 7% from AED 5.12 billion in Q1-25, whereas the operating income increased by 8% from AED 8.81 billion.

Hana Al Rostamani, Group CEO of FAB, commented on the bank’s achievements: “FAB became the first MENA bank to be designated as a direct participant in China’s Cross-border Interbank Payment System (CIPS), which marks a major milestone in our global connectivity strategy.”

“We are also progressing plans to expand our international footprint, reinforcing our commitment to connect clients in dynamic, high-growth corridors,” Al Rostamani added.