#1. First Abu Dhabi Bank:
The National Bank of Abu Dhabi (NBAD) and First Gulf Bank merged to establish the largest bank in the United Arab Emirates in 2017. This prestigious bank offers corporate, retail, private, and Islamic banking services from its Abu Dhabi headquarters. As of 2017, the bank had $183 billion in assets.
#2. Emirates NBD:
One of the biggest companies in the UAE was created when Emirates Bank International (EBI) and the National Bank of Dubai (NBD) merged in October 2007. The bank’s main office is in Dubai. Retail banking and wealth management, financial institutions, big businesses, real estate developers, investors, etc. are just a few of the business units that the Banks operate through. They also offer Islamic banking, investment banking, mortgages, credit cards, and wholesale banking to their customers.
#3. Abu Dhabi Commercial Bank (ADCB):
The Abu Dhabi Commercial Bank has its headquarters there. The Bank, which was created in 1985 as a result of the amalgamation of three banks, is 65% owned by the Abu Dhabi government. Moreover, the bank offers retail, commercial, Islamic banking, and financial services through its numerous business areas, with total assets of around $70.32 billion. Financial services and Islamic banking are provided through its numerous business areas.
#4. Dubai Islamic Bank:
In 1975, Dubai Islamic Bank was established. It was the first Islamic bank to incorporate Islamic precepts into its banking procedures. The biggest Islamic bank in the UAE is also included. The bank’s main office is in Dubai. The first Islamic bank serves as the global standard-bearer for banking services offered by other banks that are Sharjah-compliant. According to Shariah law, it promotes a diverse array of new products. The bank’s business divisions include treasury, real estate development, corporate banking, consumer banking, and more.
#5. Union National Bank:
In 1975, Dubai Islamic Bank was established. It was the first Islamic bank to incorporate Islamic precepts into its banking procedures. The biggest Islamic bank in the UAE is also included. The bank’s main office is in Dubai. The first Islamic bank serves as the global standard-bearer for banking services offered by other banks that are Sharjah-compliant. According to Sharjah law, it promotes a diverse array of new products. The bank’s business divisions include treasury, real estate development, corporate banking, consumer banking, and more.