Tags First Gulf Bank

First Gulf Bank

“Best Local Bank in the UAE” for 2011

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 exceeds one billion dollar mark

First Gulf Bank Net Profit hits a new record and exceeds the one billion dollar mark

FGB Sukuk 2.8 times oversubscribed

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.

First Gulf Bank launches Personal Budgeter Savings Application

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...

FGB first conventional bank in UAE to issue Sukuk

First Gulf Bank, the leading financial partner of choice in the UAE and the region, will begin its meetings with Fixed Income investors in...

First Gulf Bank scores 13% growth in Q2

Consistent profit growth for the fourth consecutive quarter, Q2 2011 net profit up 1.7% compared  to Q1 2011 Q2...

First Gulf Bank increases Foreign Ownership Limit to 25%

The Board of Directors of First Gulf Bank, the leading financial partner of choice in the UAE, today held a meeting at FGB headquarters...

First Gulf Bank partners with Tawteen to empower Emirati Youth

First Gulf Bank (FGB) launched a new project for Emirati Youth in collaboration with Tawteen, the major strategic initiative of the Emirates Foundation, at...

First Gulf Bank: 1Q 2011 Results

Net profit reported at AED875.3mn against AED919.7mn; down 5%YoY Result was largely in line with expectations; variance of 3.4% from our estimates Net interest income up...

First Gulf Bank ends Libya operations

First Gulf Bank PJSC (FGB) halted operations in Libya in comply with United Nations sanctions months after it opened its second branch, the National...

Mahmood Al-Khaja wins AED 100,000 at First Gulf Bank Emirati Al...

Mahmood Al-Khaja won AED 100,000 at First Gulf Bank’s (FGB) Emirati Al Awwal Saving scheme’s monthly draw held today at the bank’s Head Quarters...

First Gulf Bank converts AED 3.6 billion mandatory convertible bonds into...

Bonds to be converted at a price of AED 28.8 per...

First Gulf Bank unveils New Emarati Al Awwal Saving Scheme during...

New Emirati Al Awwal scheme for 2011 unveiled with new features and bonuses AED5 million at Yearly Grand Draw Today at their headquarters in Abu...

First Gulf Bank Registers a New Record for 2010 Net...

Record Net profit from core banking, 27% higher to reach AED3.170 billion Record total bank revenue of AED6.305 billion Liquid assets ratio at 13.4%...

First Gulf Bank wins ‘Bank of the Year 2010, UAE’ for...

First Gulf Bank (FGB) recently won ‘Bank of the Year 2010, UAE’, which was presented by Banker Magazine, at an awards ceremony held in...