August 22, 2019 | 7:45 am
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Inauguration of first FAB branch in Saudi Arabia

First Abu Dhabi Bank(FAB) has officially inaugurated its Saudi Arabia operations during a ceremony at its new Riyadh branch. The opening is a key milestone in FAB’s international expansion plans that will help to further strengthen commercial ties between the United Arab Emirates and Saudi Arabia.

The ribbon-cutting ceremony was attended by H.E. Dr. Ahmed Abdulkarim Alkholifey, Governor of the Saudi Arabian Monetary Authority (SAMA), H.E. Khaldoon Khalifa Al Mubarak, Chairman of the Board Executive Committee of FAB, H.E Jassim Mohammed Al Siddiqi, Chairman of the Board Audit Committee of FAB, Dr. Fahad Ibrahim Alshatri, Deputy Governor For Censorship at the Saudi Arabian Monetary Authority(SAMA) and Abdulhamid Saeed, Group Chief Executive Officer of FAB, along with other members of the bank’s senior leadership.

The new branch, located in Al Cayan Tower, Riyadh, joins FAB’s international network which spans five continents, enabling customers in Saudi Arabia to draw on the bank’s global relationships, expertise and financial strength to grow stronger.

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