First Abu Dhabi Bank (loans): verified facts and rating
Licensed since: 2017 Checked 2026-10-31
Score breakdown
80% backed by facts · How we rank
First Abu Dhabi Bank (loans) against the market
The dot is the company, the line is the median of all companies in this ranking.
Published rate, % of country reference86%114%87% · median 100%
Maximum amount, % of country reference50%125%125% · median 100%
Longest term48 mo48 mo48 mo · median 48 mo
First Abu Dhabi Bank (loans) strengths and weaknesses
Pros
- Licence confirmed by the official list or a stated licence number
- Publishes how to complain
- New customers can apply online
Cons
- An arrangement fee can apply
All facts
| Fact | Value | Source | Checked |
|---|---|---|---|
| Licensed since | 2017 Following the merger with FGB in early April 2017, NBAD is now known as First Abu Dhabi Bank (FAB). (год образования FAB, не год лицензии) | bankfab.com | 2026-10-31 |
| Licensed by the regulator | Yes As a licensed bank, we follow the Corporate Governance regulation and guidance issued by the UAE Central Bank. | bankfab.com | 2026-10-31 |
| Published rate, % of country reference | 87% Interest rates for UAE Nationals – Starting from 4.79% to 13.99%. Interest rates for Expatriates – Starting from 5.74% to 13.99%. · reducing rate 4.79% (lower bound) · index 100 = 5.50% (median at launch) | bankfab.com | 2026-10-31 |
| Free early repayment | Not verified | — | |
| No arrangement fee | No Processing fees for FAB Personal Loan is 1.05% of the principal loan amount (one-time payment) subject to a minimum of 525 and maximum of 2,625 (inclusive of VAT). | bankfab.com | 2026-10-31 |
| Fees or terms published | Not verified | — | |
| Complaints procedure | Yes Our Complaints Process ... Online: Our online complaint form is available 24/7. ... you may then escalate the matter to Sanadak in line with the UAE regulatory framework. | bankfab.com | 2026-10-31 |
| Online application for new customers | Yes Not a FAB customer yet? Download the FAB Mobile app and sign up. Navigate to Menu (top-right) > Products > Personal Loans. Complete your details online to receive your approval in minutes. | bankfab.com | 2026-10-31 |
| Support hours a week | Not verified | — | |
| Maximum amount, % of country reference | 125% 4.79% fixed per year; Up to 5 million · max 5000000 AED · index 100 = 4000000 AED (median at launch) | bankfab.com | 2026-10-31 |
| Longest term | 48 mo Minimum loan tenor is 6 months, and the maximum is 48 months. (60 months for UAE Nationals employed with Ministry of Defence). | bankfab.com | 2026-10-31 |
Compare First Abu Dhabi Bank (loans)
Badge for the company's website
The company can put this badge on its website: it shows the current place and Score and links to this page. Copy the code:
<a href="https://global-rating.com/en/company/ae-fab-loans/"><img src="https://global-rating.com/badge/ae-fab-loans.svg" width="240" height="56" alt="First Abu Dhabi Bank (loans) — Global Rating"></a>