The U.A.E.’s largest bank, in terms of market cap and assets, had a presence in 20 markets and a customer base of more than three million in the U.A.E. as of 2023. FAB has committed to providing over $135 billion in green finance by 2030, an 80% increase compared to its 2021 commitment of $75 billion. It also issued a $1 billion USD-denominated Tier 2 bond in October 2023. FAB recorded $4.5 billion in net profit in 2023, a 23% increase from 2022. Its total assets hit $318.2 billion as of December 2023.