(4 June 2017)
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest financial institutions, has been named ‘Best Bank for Financing in the Middle East’ and ‘Best Investment Bank in the United Arab Emirates’ at the prestigious 2017 Euromoney Middle East Awards for Excellence.
The Euromoney Awards for Excellence, now in its 26th consecutive year, were the first of their kind in the global financial publishing industry. Award decisions are made by a committee of senior journalists, chaired by Euromoney’s editor, following the receipt of detailed submissions from market participants and extensive year-round research into the banking and capital markets in the region by the publication’s editors, journalists and research team.
Commenting on the titles, Deputy Group CEO and Acting Group Head of Corporate and Investment Banking, André Sayegh, said: “These awards reflect the bank’s leading status not only locally, but on a regional and international level as well. Furthermore, they illustrate FAB’s financial strength, expertise and global connectivity. In addition, these awards are a testimony of FAB’s expanded range of products and a recognition of its status as a prime service provider for its customers. Our aim is to further strengthen our partnership with our Corporate and Investment Banking clients, across a variety of products and across geographies, as we support our customers in their journey to grow stronger.”
Euromoney’s Awards for Excellence cover global categories, best-in-class awards in all regions and the best banks in close to 100 countries around the world.
FAB has received a number of awards and recognitions since FGB and NBAD merged earlier this year. The awards are based on the outstanding achievements and accomplishments of both banks. FAB is proud to carry the legacies of two of the UAE’s leading financial institutions, as we celebrate our new joint identity and our vision to grow stronger.