First Abu Dhabi Bank (FAB) is the leading equity-based bank in the United Arab Emirates (UAE), renowned for its comprehensive range of customized solutions and products. With a steadfast commitment to meeting the unique needs of its customers, FAB has established itself as a prominent player in the banking industry. The company is known for offering a customer-friendly banking experience and prioritizing the financial growth of its shareholders.

The company boasts a vast global network, encompassing numerous branches across various continents. FAB, also known as First Abu Dhabi Bank, is widely regarded as one of the top banking institutions in the United Arab Emirates (UAE) for both expatriates and UAE nationals.

Popular products:

• FAB Personal Loan - It provides several forms of personal loans. FAB offers personal loans or employment to persons new to the UAE. The interest rate on a FAB personal loan begins at 1.62%, with a minimum salary of AED 7K necessary to apply.
• FAB Credit Card - It provides 19 credit cards with various perks tailored to the customer's unique needs. The minimum wage required for a FAB credit card is AED 5K, and the interest rate starts at 3.25%.

Unique services:

• FAB Accelerator - This tool allows you to tailor your banking experience. There are three options: booster, booster plus, and turbo booster. To qualify, you must open a FAB Current Account with a monthly balance transfer of at least AED 15,000.
• FAB at Work - assisting enterprises in their expansion by easing staff onboarding and financial demands.

Total Assets: AED 744 Billion(As of December 2018)
Net Profit: AED 12 Billion(As of December 2018)
Popular account: FAB Savings account

Branches & ATMS in UAE: 74 Branches and 100+ ATMs

Website: https://www.bankfab.com/en-ae/personal

The Emirates NBD merger in 2007 between Emirates Bank International (EBI) and the National Bank of Dubai (NBD) resulted in the greatest amalgamation, combining the second and fourth largest banks in the United Arab Emirates (UAE) to build a banking empire with the largest asset base in the Gulf Cooperation Council (GCC).

Popular products:

• Emirates NBD Credit Card - It provides a variety of credit cards, each catering to a distinct consumer's demands. The Emirates NBD credit card has an interest rate of 1.49% and a minimum wage threshold of AED 5K.
• Emirates NBD Personal Loan - It provides six personal loans, each tailored to a specific customer. Examples include personal cash loans, personal loans for self-employed individuals, and personal loans for ex-pats and UAE nationals. The interest rate on an Emirates NBD bank loan begins at 2.38%.

Unique services:

• Factoring Services - to enhance cash flow and use current assets best. It will help you manage and track your domestic and international receivables.
• Wakala Deposits - Wakala is a Shari'a-compliant contract under which you, as a customer, can permit the Wakil (the Bank) to invest funds in Shari'a-approved operations for profit.

Total Assets: AED 500 Billion(As of December 2018)
Net Profit: AED 10 Billion(As of December 2018)

Popular account: Emirates NBD Savings account
Branches & ATMS in UAE: 33 Branches and 1081 ATMs

Website: https://www.emiratesnbd.com/en

ADCB is one of the top three banking conglomerates in the UAE. Abu Dhabi Investment Council, which works directly with the Abu Dhabi government, owns 58% of the company.

Popular products:

• ADCB Personal Loan - It provides ten personal loans tailored to special needs or individuals. Rental loans, smart finance, and personal loans for ex-pats and UAE natives are examples. ADCB personal loan interest rates start at 2.89%, with a minimum wage requirement of AED 5000.
• ADCB Business Loan - ADCB provides various business solution products to meet the needs of its clients, including business instant-loans, commercial assets and equipment financing, working capital, and commercial real estate. ADCB business loans are approved in 7 days, have a 2% processing fee, and have an interest rate of 17%.

Unique services:

• Offshore Account: An offshore account is located outside of your home country and allows you to handle numerous currencies from anywhere in the world.
• Treasury Services: ADCB Treasury, trading, and structuring are all handled in Abu Dhabi, making ADCB extremely responsive to customer needs.

Total Assets: AED 279 Billion(As of December 2018)
Net Profit: AED 4 Million(As of December 2018)

Popular account: ADCB Savings account

Branches & ATMS in UAE: 72 Branches & 450 ATMs

Website: https://www.adcb.com/en/personal/

Emirates Islamic Bank is one of the best banks in the UAE for Shari'a-compliant products. They offer products and services that are useful to both customers and stakeholders.

Popular products:

• Emirates Islamic Credit Cards - The company provides 13 different credit cards with varied incentives such as cashback, skywards miles, and dining discounts. AED 5000 is the minimum salary required for an Emirates Islamic credit card.
• Personal loans from Emirates Islamic - Personal loans from Emirates Islamic are available to both foreigners and UAE nationals. On personal loans, they provide complimentary credit cards. AED 5000 is the minimum wage required for an Emirates Islamic personal loan.

Unique Products

• E-savings account - Offers an online savings account with a profit of up to 2%. This account has no withdrawal restrictions. It adheres to Sharia-based values.
• Banking services - It provides all banking products that adhere to Islamic standards. All of the items have a variety of advantages.

Total Assets: AED 58 Billion(As of December 2018)
Net Profit: AED 924 Million(As of December 2018)

Popular account: Kunooz Savings account
Branches & ATMS in UAE: 50 Branches & 39 ATMs

Website: https://www.emiratesislamic.ae/eng/

Dubai Islamic Bank has been named the region's best Islamic bank. The bank maintains close personal contact with its customers built on trust.

Popular products:

• DIB Personal Loan - It provides 9 personal loans that are specifically intended to meet the demands of consumers. The interest rate on a Dubai Islamic Bank personal loan starts at 6%, with a minimum wage requirement of AED 3000.
• DIB Credit Card - It provides a variety of credit cards to meet a consumer's diverse needs. The interest rate on DIB credit cards ranges from 0-3.25%, with a minimum wage requirement of AED 5000.

Unique services:

• Johara Ladies uses cutting-edge technology to offer a variety of unique financial products that are Sharia-compliant.
• Investment Products-Islamic Sukuk: Dubai Islamic Bank Treasury offers market-traded Sukuks and other Sharia-compliant securities at the most competitive pricing, as well as custodial services.

Total Assets: AED 223.7 Billion(As of December 2018)
Net Profit: AED 5 Billion(As of December 2018)

Popular account: DIB Savings account
Branches & ATMS in UAE: 90 Branches & 520 ATMs

Website: https://www.dib.ae/

ADIB operates 70 branches and has 460 ATMs. It is owned by the government. ADIB works hard to keep its promises.

Popular products

• ADIB Personal Loan - It offers ten personal loans, each of which is tailored to a certain purpose. The interest rate on an ADIB personal loan starts at 3.44%, with a minimum salary of AED 8K necessary.
• ADIB Cards - It offers a variety of cards, each designed to suit a certain purpose. The ADIB card has a slew of perks, including a 2.99% interest rate and a minimum wage requirement of AED 5000-30,000.

Unique services:

• Global Transaction Banking (GTB): Global Transaction Banking (GTB) provides efficient and cost-effective Cash & Trade Management solutions to business and financial institutions across all industrial categories, both locally and abroad.

Total Assets: AED 10 Million(As of December 2019)
Net Profit: AED 2,501 Million(As of December 2018)

Popular account: ADIB SmartBanking account
Branches & ATMS in UAE: 89 Branches & 577 ATMs

Website: https://www.adib.ae/en

The RAK Bank network consists of 33 branches in the United Arab Emirates, with the government owning 52.75% of RAKBANK. They have received honors such as "SME Bank of the Year" from the Arabian Business StartUp honors in 2016, as well as "Best Internet Banking Product of the Year" from The Asian Banker.

Popular products:

• RAKBANK Business Loan - It offers business loans geared to meet a variety of business-related financing needs. The RAKBANK business loan has a maximum finance amount of AED 3 million.
• RAKBANK Credit Card - It offers a variety of credit cards, each with its own set of features. The RAKBANK credit card has an interest rate of 2.95-3.19% and a salary criterion of AED 5-35K.

Unique services:

• Commercial Vehicle Finance - for commercial vehicles, medical equipment, construction equipment, and general equipment.
• RAKmoney transfer services to India, Nepal, Sri Lanka, and the Philippines are available.

Total Assets: AED 52.7 Billion(As of December 2018)
Net Profit: AED 917.5 Million(As of December 2018)

Popular account: RAK Bank Current account
Branches & ATMS in UAE: 26 Branches & 131 ATMs

Website: https://rakbank.ae/wps/portal/retail-banking

The National Bank of Fujairah has established itself as a forerunner among the region's major banks. It was named "Best Customer Service - Corporate & Investment Banking,"; "Best Treasury Management," "Best SME Internet Banking Service," "Best SME Trade Finance Offering," and "Best Corporate Advisory Service" at the 2017 Banker Middle East UAE Product Awards for NBF Capital Limited.

Popular products:

• National Bank of Fujairah Home Loan - The Islamic mortgage offered by the National Bank of Fujairah has an interest rate of 3.75% and a maximum finance amount of AED 2 million.
• National Bank of Fujairah Credit Card - It provides three credit cards, each with a variety of perks. The NBF credit card has a 2.99% interest rate and a minimum wage threshold of AED 5000.

Unique services:

• Tasdeed Prepaid Card - A quick and secure way to pay for government services in Fujairah. NBF Elham: specialist banking for Emirati women.

Total Assets: AED 39 Billion(As of December 2018)
Net Profit: AED 615 Million (As of December 2018)

Popular account: NBF Savings account
Branches & ATMS in UAE: 48 Branches & 48 ATMs

Website: https://nbf.ae/en

Mashreq Bank is one of the region's emerging financial institutions. Mashreq has just begun to gain a significant market share.

Popular products:

• Mashreq Bank Credit Card - The Mashreq Bank Credit Card has an interest rate of 2.99% and a minimum salary of AED 7000 to apply.
• Mashreq Bank Personal Loan - It provides a variety of personal loans to meet the diverse financial demands of its customers.

Unique services:

• Mashreq Gold: a distinct website with exclusive benefits for gold customers.
• Sharia-compliant financial products are traded through Islamic brokerage.

Total Assets: AED 139 Billion(As of December 2018)
Net Profit: AED 2.1 Billion(As of December 2018)

Popular account: Mashreq Bank Savings account
Branches & ATMS in UAE: 31 Branches & 31 ATMs

Website: https://www.mashreqbank.com/en/uae/personal/

Standard Chartered Bank is a multinational bank based in the United Arab Emirates with branches worldwide. The first branch was established in Sharjah in 1958. It offers traditional as well as Islamic banking services and products.

Popular Products:

• Standard Chartered Xtra Saver Account: This account offers a high-interest rate of 1.1% per year. The Xtra Saver Account is available in USD and AED currencies and includes an international debit card.
• Standard Chartered Saadiq Personal Finance: Offers Islamic-based personal finance. The profit rate begins at 7.55% per annum (p.a.). Saadiq Personal Finance offers a free cheque book and debit card.

Unique services:

• Priority Banking: Earn up to AED 7000 cashback using priority banking services.

Total Assets: AED 10 Million(As of December 2019)
Net Profit: AED 294 K (As of December 2019)

Popular account: XtraSaver Account
Branches & ATMS in UAE: 5 Branches & 42 ATMs

Website: https://www.sc.com/en/