First Abu Dhabi Bank sets record with $2.4bn dividend

First Abu Dhabi Bank sets record with $2.4bn dividend

Shareholders of First Abu Dhabi Bank (FAB), the UAE’s largest lender by assets, have approved a dividend of AED8.8 billion ($2.4 billion) for 2025. The 80 fils-per-share dividend is an all-time high, the Abu Dhabi-listed lender said in a statement. Shareholders also approved all agenda items at the annual general meeting, including the re-election of board members for a three-year term and the appointment of auditors for 2026. ‎ In January FAB s…