First Abu Dhabi Bank facilitated over $9bln worth of sustainable projects in 2022: CEO

First Abu Dhabi Bank facilitated over $9bln worth of sustainable projects in 2022: CEO

ABU DHABI - Hana Al Rostamani, Group Chief Executive Officer of FAB said that throughout 2022 the bank continued to build and leverage on its strengths, reaffirming itself as a leading regional bank, with the unique perspective and sense of ambition that our home in the UAE provides.

“In 2022, FAB facilitated over $9 billion worth of sustainable projects, in line with a target of 75 billion by 2030. In this past year, more than half our bond issuances were in a green format, and we have grown our range of sustainable accounts, loans and finance offerings to support our customers in achieving their own sustainability goals. FAB is not limited by today’s challenges. Rather, we challenge the limits of what is possible,” Al Rostamani said during the bank's General Assembly Meeting today.

"We are using the scale, specialisation and the transformative power of our partnerships and technology to deliver smarter and more agile solutions to build a bank fit for the future, built around our customers. Our investments in technology have successfully created a digital-first experience across most client and customer interactions. Through strategic partnerships and targeted investments, we are building new capabilities, enabling us to capitalise on increasingly specialised customer