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First Abu Dhabi Bank USA N.V. is the U.S. arm of First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates by assets. It focuses on wholesale banking for corporate and institutional clients across the Americas, linking clients to FAB’s international network.
Services include trade and commodity finance, borrowing-base and syndicated lending, project and structured finance, cash management and treasury, foreign exchange, and risk management. The bank serves sectors such as energy, petrochemicals and chemicals, power, and broader industrial supply chains, facilitating cross-border trade and liquidity between the U.S., the Middle East, and other global markets.
ADNOC's $2B green financing supports lower-carbon projects, aligning with global standards. This enhances ADNOC's sustainable finance and strengthens ties with South Korea.
The financing supports Hail and Ghasha's gas production, with participation from over 20 financial institutions, enhancing project resilience and ADNOC's strategic growth.
The facility includes $2.11B one-year, $700M two-year tranches, and a $500M accordion. It was oversubscribed, adding four new banks, enhancing liquidity for energy commodities.