First Abu Dhabi Bank USA N.V. (the Bank) is a wholly owned subsidiary of First Abu Dhabi Bank (FAB Group). The Bank was incorporated in 1979 under the laws of the Netherlands Antilles (currently Curacao) and operates under an offshore banking license granted by the Central Bank of Curacao and Saint Maarten (CBCS). The Bank is governed by a Board of Supervisory Directors composed of senior officers from the FAB Group and a Curacao resident, and is managed by a Board of Managing Directors composed of senior officers of the Bank and residents of Curacao. The Bank has maintained a United States federal branch in Washington, D.C. since 1981 under a license granted by the Office of the Comptroller of the Currency (OCC). The Bank officially changed its name from NBAD Americas N.V. to the current name of First Abu Dhabi Bank USA N.V. on April 9, 2018.
First Abu Dhabi Bank USA N.V. is an integral part of the FAB Group, providing services and credit facilities in the largest financial market in the world. Fab is the only Abu Dhabi-based bank that has operations in the United States of America.The Bank is ideally placed to finance the growing trade flows between the U.S., the UAE and other countries where FAB has a presence, to provide credit support and services to U.S. companies involved in projects in the UAE and to assist UAE investors seeking business opportunities in the U.S.
First Abu Dhabi Bank USA N.V. Overall Target Market
- Major U.S. Fortune 200 Corporations with a focus on:
- Construction & Engineering
- Oil & Gas
- Other U.S. companies providing products and services to the UAE and other countries where FAB has a presence
- UAE investment grade or equivalent companies
- Money Center Banks & U.S. regional banks