FAB Reaffirms Strength, Stability and Operational Resilience | premargin
FAB Reaffirms Strength, Stability and Operational Resilience
·ADX·General Disclosure | Announcements·March 4, 2026·View on exchange
AI Summary
First Abu Dhabi Bank (FAB) reaffirmed its operational resilience following temporary, intermittent service interruptions caused by a broader third-party cloud service provider outage.
The Group reported a robust financial position as of December-end 2025, with a Common Equity Tier 1 (CET1) ratio of 13.3% and a Liquidity Coverage Ratio of 154%.
No material impact on the bank's financial position has been identified at this stage resulting from recent regional developments or technical disruptions.
FAB continues to maintain its AA- equivalent credit rating and has heightened cybersecurity vigilance and technology resilience oversight to ensure system stability.