Top 10 Banks in UAE: Leading Financial Institutions in 2024
The United Arab Emirates (UAE) is home to a robust banking sector that plays a crucial role in the country’s economy. With a mix of local and international banks offering world-class financial services, UAE residents and businesses have access to a wide range of banking solutions.
Whether you’re looking for personal banking, corporate financing, or investment opportunities, knowing the top banks in the UAE can help you make informed decisions.
In this blog, we will explore the Top 10 Banks in UAE, their services, and what makes them stand out.
1. First Abu Dhabi Bank (FAB)
📍 Headquarters: Abu Dhabi
💰 Total Assets: Over AED 1 Trillion
As the largest bank in the UAE, First Abu Dhabi Bank (FAB) was formed after the merger of First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD) in 2017. It provides a wide range of retail, corporate, and investment banking services across the UAE and internationally.
Why Choose FAB?
✔️ Largest financial institution in the UAE
✔️ Strong presence in international markets
✔️ Advanced digital banking solutions
2. Emirates NBD
📍 Headquarters: Dubai
💰 Total Assets: Over AED 750 Billion
A leading bank in Dubai, Emirates NBD is known for its innovation and strong retail banking presence. It was established after the merger of Emirates Bank International and the National Bank of Dubai.
Why Choose Emirates NBD?
✔️ Excellent customer service and digital banking
✔️ Extensive ATM and branch network
✔️ Comprehensive personal and business banking solutions
3. Abu Dhabi Commercial Bank (ADCB)
📍 Headquarters: Abu Dhabi
💰 Total Assets: Over AED 450 Billion
ADCB is a well-established bank in the UAE offering a wide range of services, including retail banking, corporate banking, wealth management, and Islamic banking.
Why Choose ADCB?
✔️ Strong financial stability
✔️ Award-winning digital banking services
✔️ Competitive loan and credit card offers
4. Dubai Islamic Bank (DIB)
📍 Headquarters: Dubai
💰 Total Assets: Over AED 300 Billion
Dubai Islamic Bank (DIB) is the largest Shariah-compliant bank in the UAE, offering Islamic banking services for individuals and businesses.
Why Choose DIB?
✔️ Leading Islamic banking provider
✔️ Competitive profit rates on deposits and financing
✔️ Wide range of halal investment options
5. Mashreq Bank
📍 Headquarters: Dubai
💰 Total Assets: Over AED 180 Billion
Mashreq Bank is one of the oldest financial institutions in the UAE and is known for its digital-first approach and innovative banking solutions.
Why Choose Mashreq?
✔️ Award-winning mobile banking and digital services
✔️ Strong business banking and SME support
✔️ Competitive foreign exchange and remittance services
6. Abu Dhabi Islamic Bank (ADIB)
📍 Headquarters: Abu Dhabi
💰 Total Assets: Over AED 175 Billion
ADIB is a leading Islamic bank in the UAE, offering a wide range of personal, corporate, and investment banking services.
Why Choose ADIB?
✔️ Strong focus on Shariah-compliant financial solutions
✔️ Attractive Islamic banking products, including Murabaha and Ijara
✔️ Excellent customer service and branch network
7. Commercial Bank of Dubai (CBD)
📍 Headquarters: Dubai
💰 Total Assets: Over AED 120 Billion
CBD is a fast-growing bank that offers retail, corporate, and digital banking solutions to its customers.
Why Choose CBD?
✔️ Strong focus on business and SME banking
✔️ Innovative digital banking services
✔️ Competitive loan and credit card offerings
8. RAKBANK (National Bank of Ras Al Khaimah)
📍 Headquarters: Ras Al Khaimah
💰 Total Assets: Over AED 65 Billion
RAKBANK is a customer-centric bank that offers personal banking, business banking, and Islamic banking solutions.
Why Choose RAKBANK?
✔️ Excellent SME banking services
✔️ Competitive personal loan and credit card products
✔️ Strong focus on customer service
9. Sharjah Islamic Bank (SIB)
📍 Headquarters: Sharjah
💰 Total Assets: Over AED 55 Billion
SIB is one of the leading Islamic banks in the UAE, providing retail and corporate Shariah-compliant banking services.
Why Choose SIB?
✔️ Comprehensive Islamic banking services
✔️ Attractive financing and investment products
✔️ Strong presence in Sharjah and across the UAE
10. United Arab Bank (UAB)
📍 Headquarters: Sharjah
💰 Total Assets: Over AED 30 Billion
UAB is a trusted bank in the UAE, focusing on corporate, retail, and Islamic banking solutions.
Why Choose UAB?
✔️ Strong corporate banking services
✔️ Competitive personal and business banking products
✔️ Good customer support and branch network
Final Thoughts – Top 10 Banks in UAE
The UAE’s banking sector is diverse, offering a mix of conventional and Islamic banking services to cater to different customer needs. Whether you’re looking for a bank with excellent digital banking, business-friendly services, or Shariah-compliant products, the top 10 banks in the UAE provide great options.
Before choosing a bank, consider factors such as fees, loan interest rates, digital services, customer support, and branch availability to find the best fit for your financial needs.
🔹 Which bank do you prefer in the UAE? Share your thoughts in the comments! 🚀