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The first bank of Abu Dhabi enters the top 100 banks of the UAE
According to Banker magazine, the first bank in Abu Dhabi has changed the balance of forces in the banking sector after the successful merger of Abu Dhabi and First Gulf in April 2017, becoming the largest bank of the Middle East in 2018 with a capital of 20.5 billion, cutting Qatar National Bank, which has been at the top of the list for years. The bank also entered the top 100 banks in the UAE, ranking 81st.
Five banks in the United Arab Emirates were among the top 20 banks in the Middle East, a sub-list of the top 1,000 banks in the world. Emirates NBD ranks fifth in the region and 109 worldwide, including Abu Dhabi Commercial, Dubai Islamic, Mashreq and National Union.
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