Total assets in the UAE 2021, by key commercial bank

In 2021, First Abu Dhabi Bank (FAB) ranked first by total assets among listed commercial banks in the United Arab Emirates (UAE), exceeding 272 billion U.S. dollars. Meanwhile, the total assets of Emirates National Bank Dubai (ENBD) amounted to just over 187 billion U.S. dollars.UAE banking sector amid the pandemicDuring the COVID-induced economic slump, banking and financial services, one of the key non-oil sectors in the United Arab Emirates, also felt the impact of the pandemic. In financial year 2020, banking profitability in the UAE declined by over 20 percent. However, the UAE banking sector is expected to rebound strongly within the next few years, given the extensive tax reforms introduced in the new UAE Federal Corporate Tax effective starting June 2023.Digital banking in the FinTech landscapeBoasting the most progressive FinTech (financial technology) ecosystem in the Middle East and North Africa region, the United Arab Emirates has been at the forefront of digital transformation in the banking sector. FinTech features were most commonly used for account aggregation and peer-to-peer money transfers among banking customers in the UAE. In addition to traditional brick-and-mortar banks now also offering digital products and services to remain competitive, the emergence and success of challenger banks and neobanks, which target a wide range of tech-savvy customers, will likely reshape the UAE financial services sector for the years to come.

于2021年，阿布扎比第一银行（First Abu Dhabi Bank，简称FAB）在阿联酋（United Arab Emirates，简称UAE）上市商业银行中，以其总资产位居首位，资产总额超过2720亿美元。与此同时，阿拉伯联合酋长国国家银行迪拜（Emirates National Bank Dubai，简称ENBD）的总资产仅略超过1870亿美元。在新冠疫情引发的全球经济衰退期间，作为阿联酋非石油关键产业之一的银行及金融服务行业，亦感受到了疫情的冲击。在2020财年，阿联酋银行业的盈利能力下降了超过20%。然而，鉴于阿联酋联邦公司税（United Arab Emirates Federal Corporate Tax）的新税收改革措施已于2023年6月生效，预计阿联酋银行业将在未来几年内强劲反弹。在金融科技（FinTech）领域，阿联酋拥有中东和北非地区最为先进的金融科技生态系统，处于银行业数字化转型的前沿。在阿联酋，金融科技功能最常被用于账户聚合和银行客户之间的点对点货币转账。除了传统的实体银行现在也开始提供数字产品和服务以保持竞争力外，挑战银行和新型银行的兴起及其成功，这些银行针对广泛的科技熟练客户，预计将在未来几年重塑阿联酋金融服务行业。