Bank trusts are essential players in the wealth management space. Acting as fiduciaries, these institutions support families, individuals, and organizations with estate planning, asset protection, and long-term wealth preservation strategies.
For investment managers, identifying the right bank trust relationships (especially across international markets) can be complex. These firms often operate behind the scenes, with limited public visibility. Dakota Marketplace helps simplify the search by offering verified data, allocator context, and direct contact information, all in one place.
In this article, we are giving you a list of the top bank trusts in the UAE. To see the full list, you can view it in Dakota Marketplace.
AUM: $320B
Metro: Abu Dhabi
First Abu Dhabi Bank, commonly branded as FAB, is legally known as First Abu Dhabi Bank P.J.S.C. and is the largest bank in the UAE by assets, headquartered in Abu Dhabi. FAB was formed through the merger of the National Bank of Abu Dhabi and First Gulf Bank in 2017, operating as a publicly listed banking franchise with numerous domestic and international subsidiaries. As of 2024, FAB reported total assets of approximately AED 1.21 trillion, with further growth noted in 2025, reaching about AED 1.31 trillion. The bank's market capitalization is estimated to be between AED 193 billion and AED 197 billion as of early 2026. FAB's wealth management division is branded as FAB Private Banking, which provides a comprehensive suite of services for high-net-worth and ultra-high-net-worth clients. The bank operates a significant geographic presence, with offices in key international financial centers including Switzerland, the United Kingdom, France, Singapore, and Saudi Arabia, alongside its domestic operations in the UAE.
AUM: $230B
Metro: Dubai
Emirates NBD Bank PJSC, commonly referred to as Emirates NBD, is a leading banking group headquartered in Dubai, formed from the merger of Emirates Bank International and the National Bank of Dubai in 2007. The bank operates a diversified financial services model encompassing retail and corporate banking, Islamic banking, investment banking, private banking, asset management, and real estate investment trusts. Emirates NBD manages total assets exceeding AED 1.03 trillion (approximately USD 280 billion) as of the first half of 2025, positioning it among the largest banks in the Gulf region. The bank is publicly traded on the Dubai Financial Market under the ticker EMIRATESNBD, with a market capitalization reported in the range of AED 185–186 billion, reflecting its status as one of the largest financial institutions in the region. The bank serves over nine million customers through hundreds of branches across the Middle East, North Africa, Turkey, and select international markets, emphasizing its comprehensive wealth management capabilities through Emirates NBD Private Banking and Emirates NBD Asset Management.
AUM: $167B
Metro: Abu Dhabi
Abu Dhabi Commercial Bank PJSC (ADCB) is a publicly listed full-service commercial bank headquartered in Abu Dhabi, United Arab Emirates. Established in 1985, ADCB has emerged as a leading banking institution in the UAE, offering a diverse portfolio that includes Consumer Banking, Corporate & Investment Banking, Treasury & Investments, and Property Management. The bank serves over one million customers and underwent a significant consolidation in 2019-2020, merging with Union National Bank and acquiring Al Hilal Bank, which continues to operate under its own brand. As of 2024, ADCB reports total assets of AED 653 billion, positioning itself among the largest banks in the UAE by assets. The bank is listed on the Abu Dhabi Securities Exchange (ADX) under the ticker ADCB and is majority-owned by Mubadala and Abu Dhabi government-linked entities. ADCB's organizational structure encompasses several subsidiaries, including ADCB Asset Management, ADCB Securities, and ADCB Private, which collectively enhance its service offerings across various banking segments. The bank's primary geographic presence is in the UAE, with limited international branches and representative offices in locations such as India, Jersey, London, and Singapore.
AUM: $65B
Metro: Dubai
Mashreq, legally known as Mashreq Bank, is a publicly listed UAE bank headquartered in Dubai, with a history dating back to 1967. The bank operates a diversified financial-services franchise encompassing retail and wholesale banking, commercial and corporate finance, treasury and markets, Islamic banking, and a private banking/wealth management platform. Mashreq's organizational structure includes core operating segments of retail and wholesale banking, alongside various subsidiaries such as Mashreq Capital and Mashreq Securities. As of FY2024, Mashreq reported total assets of AED 267 billion, with customer deposits around AED 161 billion and a CASA ratio of approximately 66%. The bank's market capitalization is estimated to be in the range of $9–11 billion. The wealth management division, branded as Mashreq Private Banking, focuses on high-net-worth and ultra-high-net-worth clients, providing a range of bespoke services. The bank maintains a significant geographic presence with branches and representative offices across the GCC, Egypt, India, Pakistan, the UK, the US, and parts of Asia.
AUM: $39B
Metro: Abu Dhabi
Abu Dhabi Islamic Bank PJSC (ADIB) is a publicly listed Islamic bank incorporated in 1997 and headquartered in Abu Dhabi, United Arab Emirates. The bank operates a group structure that includes retail and corporate banking operations in the UAE, alongside international subsidiaries and specialist affiliates that support brokerage, asset management, capital markets, and wealth services. As of December 31, 2024, ADIB reported total assets of AED 226 billion, with customer financing of approximately AED 147 billion and customer deposits of AED 183 billion. The bank's market capitalization is around AED 76 billion, reflecting its significant presence in the Abu Dhabi Securities Exchange (ADX). ADIB maintains a strong domestic footprint with over 60 branches and several hundred ATMs across the UAE, and it operates in strategic international markets including Egypt, Saudi Arabia, the United Kingdom, Qatar, Iraq, and Sudan. The bank's wealth management services are delivered under the ADIB Private Banking division, which focuses on Sharia-compliant investment solutions and caters to affluent and high-net-worth clients.
Many of the firms listed here can be explored further in Dakota Marketplace, including key contacts and allocator insights.
AUM: $20B
Metro: Dubai
The National Bank of Ras Al-Khaimah (P.S.C.), commonly known as RAKBANK, is a publicly traded commercial bank established in 1976 and headquartered in Ras Al Khaimah, UAE. The bank operates as a public joint stock company, with the Government of Ras Al Khaimah as the majority owner. RAKBANK is primarily focused on retail and SME banking, offering a diverse range of services including Personal, Wholesale, and Business Banking, alongside an Islamic banking unit branded as RAKislamic. The bank's total assets were reported at AED 56.3 billion as of 2021, and its market capitalization fluctuates between USD 3.7 billion and USD 4.2 billion. RAKBANK serves clients across the UAE through a network of branches and digital channels, positioning itself as a key player in the local banking landscape. The wealth management services are integrated within the Personal Banking segment, targeting affluent and high-net-worth clients without a distinct standalone wealth management brand.
AUM: $14B
Metro: Dubai
National Bank of Fujairah PJSC (NBF) is a public joint-stock commercial bank in the United Arab Emirates, established in October 1982 and commencing operations on September 20, 1984. The bank is publicly listed on the Abu Dhabi Securities Exchange under the ticker symbol 'NBF'. Its legal headquarters is located at Hamad Bin Abdullah Street, P.O. Box 887, Fujairah, UAE, with a significant operational presence in Dubai and a network of 14 branches and 52 ATMs across the UAE. NBF is characterized as a full-service bank with core strengths in corporate and commercial banking, treasury, trade finance, and an expanding suite of personal banking and Shariah-compliant services. As of December 31, 2024, NBF reported total assets of AED 60.9 billion, which increased to AED 64.5 billion by March 31, 2025. The bank's market capitalization was approximately AED 13.1 billion in early January 2026. NBF operates with a capital adequacy ratio of 16.6% and a return on average equity of 12.7% for 2024. The bank's wealth management services are integrated within its personal banking offerings, specifically under the NBF Al Samy and NBF Priority programs, rather than as a standalone division.
AUM: $10.73B
Metro: Dubai
Bank of Sharjah P.J.S.C. (commonly referred to as Bank of Sharjah or BOS) is a publicly listed bank in the UAE, headquartered in Sharjah. It provides a diverse range of services, including commercial, corporate, investment, and private banking. The bank operates as a parent company with several wholly-owned and majority-owned subsidiaries, including Emirates Lebanon Bank S.A.L., EL Capital FZC, and BOS Real Estate FZC, among others. As of 31 March 2025, the bank reported total assets of AED 44.75 billion, with a market capitalization of approximately AED 3.8 billion. The Private Banking & Wealth Management division, established in 2012, focuses on high-net-worth individuals and corporate clients, offering tailored investment solutions. The bank maintains a network of branches across the UAE and has a presence in Lebanon and the Cayman Islands, reflecting its regional footprint.
AUM: $10M
Metro: Dubai
Dubai Islamic Bank P.J.S.C. (DIB) is a publicly listed Islamic bank headquartered in Dubai, established in 1975. It operates a universal Islamic banking franchise encompassing retail, wholesale, treasury, and investment activities. DIB is majority governed as a public joint stock company, with the Investment Corporation of Dubai (ICD) as its largest shareholder, holding approximately 27.97% ownership. The bank is one of the largest Islamic banks globally, with total assets approaching AED 400 billion and a market capitalization reported around AED 68 billion (approximately US$18–19 billion). DIB’s operations are structured into five segments: Consumer Banking, Corporate Banking, Treasury, Real Estate Development, and Others, with wealth management services integrated within the Consumer Banking segment. The bank has a strategic international expansion agenda targeting regions including the Far East, South and South-East Asia, the Middle East, Africa, and Europe.
AUM: $1.39B
Metro: Dubai
Emirates Investment Bank PJSC (EIBank) is an independent private and investment bank established in 1976 and headquartered in Festival Tower, Dubai Festival City. The bank operates as a single listed public joint stock company on the Dubai Financial Market under the ticker EIBANK. EIBank serves a selective, predominantly high-net-worth and institutional client base across the Middle East and internationally, with a shareholder base composed of prominent UAE business families and private investors. The bank's organizational structure features two primary business lines: Private Banking (wealth management) and Investment Banking (M&A, capital markets advisory). As of recent market data, EIBank's market capitalization is approximately AED 711–715 million. The bank's wealth management division is a core function, emphasizing relationship management and bespoke solutions, while its geographic presence is primarily in the UAE, targeting high-net-worth individuals and entrepreneurial families.
To view more bank trusts in the UAE or other countries, book a demo of Dakota Marketplace.
