First Abu Dhabi Bank Pjsc traded at 19.98 this Thursday February 5th, increasing 0.02 or 0.10 percent since the previous trading session. Looking back, over the last four weeks, First Abu Dhabi Bank Pjsc gained 14.30 percent. Over the last 12 months, its price rose by 41.10 percent. Looking ahead, we forecast First Abu Dhabi Bank Pjsc to be priced at 18.62 by the end of this quarter and at 17.91 in one year, according to Trading Economics global macro models projections and analysts expectations.
First Abu Dhabi Bank PJSC, formerly National Bank of Abu Dhabi PJSC, is a United Arab Emirates-based public joint stock company that is engaged in the banking sector. It is structured, along with its subsidiaries, into the following business segments: Domestic Banking, comprised of the following divisions, namely consumer banking, business banking group and elite banking; International Banking, which manages the overseas banking network and credit derivative book; Financial Markets segment, which operates through liquidity management and interest rate group, trading and investment group, institutional coverage and primary market, corporate coverage and e-commerce group; Corporate and Investment Banking segment, which provides corporate and investment clients with advice and solutions; Global Wealth segment, comprised of private banking, asset management group, custody and business development, among others, and the Islamic Business segment, which offers Islamic banking solutions.