BNET Industries

First Gulf Bank

(FGB.AD) is in the Financial Services Industry

Last Fiscal Year Sales:$131.4M
  • Public
  • US
Dow Jones Description

At First Gulf Bank, N.A. we are pleased to announce an exciting change for our customers and employees. On March 18, 2005, First Gulf Bank joined forces with our sister bank Citizens & Peoples to unite under one name - First Gulf Bank, N.A.. Our primary mission is to continually help customers simplify their lives and reach their dreams by providing a full range of innovative banking products and convenient services.

Number of Employees 340
Contact Information

Abu Dhabi

(971) 26394000

NAICS Code Commercial Banking: 522110

Recent Events

  • UUPDATE 1-UAE's First Gulf Bank completes $500 mln bond sale

    11/19/09 - New Investment - View Story

  • UPDATE 1-First Gulf Bank Q3 up 9 pct on core activities

    10/21/09 - Financial Announcement - View Story

  • BRIEF-RESEARCH ALERT-Morgan Stanley upgrades Abu Dhabi Commercial Bank

    9/08/09 - Bond / Stock Rating - View Story

News & Analysis

first gulf bank - All News and Analysis

  • FIRST GULF BANK RECORDS 80% PROFIT RISE

    - 2004-07-11

    According to Al-Bayan newspaper (July 11, 2004), Mr. Abdul-Hameed Saeed, Chief Executive Officer of Gulf First Bank, announced that the bank's net profits amounted to Dh 101.8 million in the first half of the current year. This figure translates into an 80% rise compared with the first half of the...

    Tags: First Gulf Bank

  • FIRST GULF BANK INCREASES SHAREHOLDERS EQUITY

    - 2004-06-21

    According to Al-Bayan newspaper (June 20, 2004), Mr. Abdulhamid Saeed, CEO First Gulf Bank, announced that the First Gulf Bank has decided to increase its shareholders equity by Dh 800 million through the issue of convertible bonds. These convertible bonds will be issued to four strategic UAE partners which are...

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  • UAE's First Gulf Bank doubles equity with strategic partners

    - 2004-06-20

    ABU DHABI AFP ? First Gulf Bank in the United Arab Emirates announced the increase of its shareholders' equity by 218 million dollars through issuing convertible bonds to four strategic partners. Abu Dhabi Investment Company, Abu Dhabi National Insurance Company, Gulf Trust Investments and Mubadala Development Company "fully subscribed...

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  • FIRST GULF BANK WITNESSES 50% INCOME JUMP

    - 2004-02-08

    According to Al-Bayan newspaper (February 8, 2004), the First Gulf Bank FGB announced a 50% jump in the net profit to reach Dh 120 million in 2003 compared with Dh 80 million in the previous year. Mr. Abdulhamid Saeed, Chief Executive Officer of FGB, said that the bank has...

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  • GULF STATES: FIRST GULF BANK WITNESSES 50% INCOME JUMP.

    - 2004-02-08

    According to Al-Bayan newspaper (February 8, 2004), the First Gulf Bank FGB announced a 50% jump in the net profit to reach Dh 120 million in 2003 compared with Dh 80 million in the previous year. Mr. Abdulhamid Saeed, Chief Executive Officer of FGB, said that...

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Decision Makers

Name (plus bio) Position
Abdulhamid M. Saeed CEO
Blaise Adams President
Karen Campbell Executive Vice President Mortgage Division
Abdul Hameed Sayeed Director

Board of Directors

Name (plus bio) Position
Mansour Bin Zayed Al Nahyan Chairman
Ahmed Ali Al Sayegh Vice Chairman
Ali Al Sayegh Vice Chairman
Dhafer Sahmi Al Ahbabi Board of Directors
Mohamed Saif Al Mazrouei Board of Directors
Saeed Khalfan Mattar Al Romaithi Board of Directors
Saif Al Mazrouei Board of Directors
William D. Montgomery Board Member

Organization Position Status
First Gulf Bank CEO Current

Organization Position Status
First Gulf Bank President Current

Organization Position Status
First Gulf Bank Executive Vice President Mortgage Division Current

Organization Position Status
First Gulf Bank Director Current

Organization Position Status
First Gulf Bank Chairman Current
First Gulf Bank Board of Directors Current

Organization Position Status
First Gulf Bank Vice Chairman Current
First Gulf Bank Vice Chairman Current

Organization Position Status
Dolphin Energy Limited Chief Executive Officer Current
Mubadala Development Company Representative Current
First Gulf Bank Vice Chairman Current
Dolphin Energy Limited Board of Directors Current
Mubadala Development Company Board Member Current
Lewis & Clark College Degree In Economics and Finance Former

Organization Position Status
First Gulf Bank Board of Directors Current

Organization Position Status
First Gulf Bank Board of Directors Current

Organization Position Status
First Gulf Bank Board of Directors Current

Mohamed Saif Al Mazrouei serves on the Dolphin Energy Board as well as on the Board of the Al Ain Economic Development & Tourism Promotion Authority, First Gulf Bank (FGB), Abu Dhabi Water & Electricity Authority (ADWEA), Union Water & Electricity Company (UWEC) and Emirates Media Incorporated (EMI). Mr Al Mazrouei has worked with UAE Offsets Group (UOG) since 1994, where he was subsequently appointed Chief Executive Officer (CEO) and also became a member of the Group's Board of Directors. Mr Al Mazrouei is also Chairman of two UOG-sponsored joint-stock companies: the National Central Cooling Company (Tabreed) and Oasis International Leasing Company (Al Waha). He is additionally a member of the Board of Directors of Abu Dhabi Ship Building (ADSB). He was earlier Manager of the Human Resources Division of Abu Dhabi National Oil Company (ADNOC) for eight years. Mr Al Mazrouei has a degree in Business Administration from Laverne University, USA.

Organization Position Status
Abu Dhabi Water & Electricity Authority Board of Directors Current
Dolphin Energy Limited Board of Directors Current
First Gulf Bank Board of Directors Current

Organization Position Status
Alabama National BanCorporation Board of Directors Current
First Gulf Bank Board Member Current
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