First Abu Dhabi Bank Wins Green Bond Deal of the Year for Sustainable Finance

First Abu Dhabi Bank (FAB) has secured the "Green Bond Deal of the Year" award from Environmental Finance, recognizing the bank's expansion in the sustainable debt market. The accolade follows a series of high-value green bond issuances by the UAE’s largest lender, which have become a central component of its capital markets strategy. Recognition for Sustainable Debt Strategy The award identifies FAB’s specific success in the green bond sector, where it has consistently increased its issuance volume to meet rising investor demand for ESG-linked (Environmental, Social, and Governance) assets. As the UAE’s largest bank by assets, FAB has utilized green bonds to finance projects including renewable energy infrastructure, energy-efficient building upgrades, and sustainable water management systems across the region. In 2023 and early 2024, FAB executed several significant transactions, including a EUR 1 billion green bond and multiple dollar-denominated offerings. These deals were characterized by high oversubscription rates, indicating strong international institutional appetite for UAE-based sustainable credit. The bank’s green bond framework remains one of the most active in the…