Top 7

Banking Companies in UAE

The First AbuDhabi Bank is the largest equity-based bank in the UAE that offers all tailor-made solutions and products to its customers.Net Profit– AED 12 Billion(As of December 2018).FAB is one of the best banks in UAE for expats and UAE nationals.

First AbuDhabi Bank (FAB)

Emirates NBD

The Emirates NBD 2007 merger between Emirates Bank International and the National Bank of Dubai, gave birth to the largest amalgamation as it combined the second and fourth largest banks in the United Arab Emirates. Net Profit – AED 10 Billion(As of December 2018)

Abu Dhabi Commercial Bank (ADCB)

ADCB stands among the top 3 banking giants in UAE. Its 58% shares are being held by Abu Dhabi Investment Council which works directly with the Abu Dhabi government.Net Profit – AED 4 Million(As of December 2018)

Emirates Islamic Bank

Emirates Islamic Bank is of the best banks in UAE that provides products that are shari’a compliant. They provide products and services that are beneficial for the customers and the stakeholders as well. Net Profit – AED 924 Million(As of December 2018)

Dubai Islamic Bank

Dubai Islamic Bank has been awarded as the best Islamic bank in the region. The bank maintains a close personal relationship with its customers and is based on the foundation of trust. Net Profit – AED 5 Billion(As of December 2018)

Abu Dhabi Islamic Bank (ADIB)

ADIB has 70 branches and 460 ATMs. it is publicly owned. ADIB strives to deliver its promises. It provides 10 personal loans, every loan designed specifically to serve the required purpose. The interest rate charged for ADIB personal loan starts from 3.44% and the minimum salary required is AED 8K.Net Profit – AED 2,501 Million(As of December 2018)

RAKBANK

RAK Bank network consists of 33 branches in the United Arab Emirates, 52.75% of RAKBANK is owned by the government. They have bagged awards such as SME Bank of the Year’ by the Arabian Business StartUp Awards 2016, best internet banking product of the year award. Net Profit – AED 917.5 Million(As of December 2018)