First Gulf Bank
First Gulf Bank (FGB) (ADX: FGB) is a publicly owned bank headquartered in Abu Dhabi, United Arab Emirates and owned by several sons of the late Sheikh Zayed bin Sultan Al Nahyan. It was established in 1979 in Ajman and provides financial services across the UAE, with a wide distribution network of branches in different business & industrial areas such as Abu Dhabi, Dubai, Sharjah, Ajman, and Al Ain and is currently one of the fastest growing banks in the region. Within the UAE, it is also often known by its Arabic name Bank Al Khaleej Al Awal.
The bank offers a variety of financial services in corporate banking, treasury & investments, merchant banking and retail banking services. The bank focuses on providing financial services and solutions to different target groups in the market including private & public institutions, retail customers as well as high net worth individuals and investors in the country and the region as a whole.
After a rocky start, FGB was rescued by prominent Abu Dhabi-based investors in 1998 and then radically overhauled its senior management team in 2000. Many of today’s top management team, such as the CEO and the managing director, are from Citibank.
Read more about First Gulf Bank: Fastest-growing Bank in The Middle East, Overseas Expansion, Key People
Famous quotes containing the words gulf and/or bank:
“I candidly confess that I have ever looked on Cuba as the most interesting addition which could ever be made to our system of States. The control which, with Florida, this island would give us over the Gulf of Mexico, and the countries and isthmus bordering on it, as well as all those whose waters flow into it, would fill up the measure of our political well-being.”
—Thomas Jefferson (1743–1826)
“A self is, by its very essence, a being with a past. One must look lengthwise backwards in the stream of time in order to see the self, or its shadow, now moving with the stream, now eddying in the currents from bank to bank of its channel, and now strenuously straining onwards in the pursuit of its chosen good.”
—Josiah Royce (1855–1916)