First Abu Dhabi Bank (FAB) Business Account for UAE Free Zone Companies — Review 2026
First Abu Dhabi Bank (FAB) is UAE largest bank by assets after the ADCB-NBAD merger. Here is the 2026 review for free zone businesses.
In this guide:
FAB Overview
- Status: UAE largest bank by assets; formed by merger of National Bank of Abu Dhabi and First Gulf Bank
- Government: Abu Dhabi government majority ownership via Mubadala and other entities
- Network: 600+ branches and ATMs across UAE; significant international presence
- Strength: Corporate and investment banking; trade finance; global markets
FAB Business Account for Free Zone Companies
- FAB Business Banking: Corporate and SME banking products for free zone and mainland companies
- Multi-currency accounts: Available; important for free zone companies trading in multiple currencies
- Trade finance: Strong capabilities for international trade; LC, guarantees, documentary collections
- Minimum balance: AED 50,000-200,000 depending on account type; selective
FAB and Abu Dhabi Free Zone Companies
- ADGM companies: FAB has strong relationships with ADGM-registered businesses
- KIZAD companies: FAB supports Khalifa Industrial Zone businesses
- Abu Dhabi preference: FAB is the natural banking partner for Abu Dhabi-based free zone entities
FAB vs. Emirates NBD for Free Zone Companies
- FAB: Better for Abu Dhabi-based free zone companies; stronger Abu Dhabi government connections
- Emirates NBD: Better for Dubai-based companies; wider Dubai branch network
- Both selective: New companies may find RAK Bank or Wio Business easier to open