It was another stellar year for First Abu Dhabi Bank (FAB), under the continued leadership of group chief executive Hana Al Rostamani.
FAB posted net profit for the full year 2023 of $4.5 billion, up 56% year on year, on total revenues of $7.5 billion. The bank’s return on assets inched up to 1.4%, with margins also ticking up, and its return on tangible common equity also rising, from 15.7% in 2022 to 17.6%
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