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UAE’s largest bank FAB to change working week from January 3

First Abu Dhabi Bank says move will create more streamlined financial, trade, and economic partnerships between the UAE and the rest of the world

first abu dhabi bank

First Abu Dhabi Bank (FAB), the UAE’s largest lender, will adopt a Monday-Friday working week across its operations in its home market from January 3.

The bank said in a statement on Thursday that it will adopt a Saturday and Sunday weekend in support of the UAE leadership’s ambition to better align the economy with global markets and enable long-term growth opportunities.

FAB said its branches will open six days per week – Monday to Saturday – and will be closed on Sunday.

The standard working week for FAB offices will be set to five working days – Monday to Friday, it added.

Its branches operating in other GCC markets will continue to open according to local timings.

The move to the new working week is a significant step, the bank said, adding: “We fully support the UAE leadership’s decision and will fully align our operations. This move will create more streamlined financial, trade, and economic partnerships between the UAE and the rest of the world, as well as facilitating stronger international links, opportunities and cascading benefits that will be felt by both UAE-based businesses and individuals alike.

“In deciding on the new working arrangements, FAB has carefully assessed customers’ needs and how best to maintain effective connectivity with the bank’s international and regional networks to ensure a smooth transition. FAB’s branch and office networks in other GCC markets will continue to follow local timings.”

Headquartered in Abu Dhabi, the bank’s international network spans five continents with total assets of AED983 billion ($268 billion).

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