Awards for Excellence 2019
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In the complex world of banking mergers, how does one ever know that the gain was worth the pain of merging? Rising revenues, lower costs, better market share, product range, or staff that work together regardless of their original affiliation?
Whatever weight you give to each of these metrics, First Abu Dhabi Bank (FAB) has delivered on all counts. The Emirati bank, born in 2017 through the combination of First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD), has set the template for a successful bank merger in the Middle East, creating an institution greater than the sum of its parts.
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