First Gulf Bank (FGB), the leading financial partner of choice in the UAE, was awarded the “Best Local Bank in the United Arab Emirates” award for 2011 during EMEA Finance’s Annual Middle East Banking Awards.
First Gulf Bank Net Profit hits a new record and exceeds the one billion dollar mark
First Gulf Bank PJSC has received excellent investor endorsement through a 2.8 times oversubscription of its USD 500 million Sukuk issuance. Transaction commenced yesterday, on January 12, 2012 and ended on the same day at a total value of USD 1.4 bn.
Initiative is in line with FGB’s understanding of the market and its commitment to providing innovative products User-Friendly Savings Aid Application Tailored to Fit the Lifestyle of UAE Residents First Gulf Bank (FGB), as one of the leading financial partners of choice in the UAE and with its deep understanding of the UAE community and […]
First Gulf Bank, the leading financial partner of choice in the UAE and the region, will begin its meetings with Fixed Income investors in Asia, UAE and Europe over the coming week starting on Thursday the 21st of July. Following which an issuance under the FGB Sukuk Company Limited U.S. $3,500,000,000 Trust Certificate Issuance Programme […]
Consistent profit growth for the fourth consecutive quarter, Q2 2011 net profit up 1.7% compared to Q1 2011 Q2 2011 core banking revenues 11% higher at AED 1,550 Mn from AED 1,399 Mn in Q2 2010 representing 97% of total revenue compared to 95% in Q2 2010 Total Assets up 6% to AED 149,229 Mn […]