First Gulf Bank PJSC

Sector: Security Brokers Dealers And Flotation Companies Region: United Arab Emirates

Exchange/Ticker: Abu Dhabi Securities Market: FGB

Company Description

First Gulf Bank PJSC engages in the finance sector. Its operations are carried out through the following business segments: Corporate Banking, Treasury and Investment Operations, Retail Banking, Real Estate Activities, and Others. The Corporate Banking segment includes loans and other credit facilities and deposit and current accounts for corporate and institutional customers and high net worth individuals. Treasury and Investment provides money market, trading and treasury services, as well as the management of the bank's funding operations by use of government securities and placements and deposits with other banks. Retail Banking handles individual customers' deposits and provides consumer type loans, overdrafts, credit cards facilities, and funds transfer facilities. The Real Estate Activities segment deals with the acquisition, leasing, brokerage, management, and resale of properties carried out through its subsidiaries and associate companies. The Others segment comprises mainly of the head office including unallocated costs, subsidiaries, and associates other than above categories. The company was founded in 1979 and is headquartered in Abu Dhabi, United Arab Emirates.

Similar to: Avanza Bank Holding AB, Investec Plc, Close Brothers Group Plc

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