Obverse. Photo © NumisCorner.com
  • 1 Dirham 2004, KM# 74, United Arab Emirates, Khalifa, Banking Industry in the UAE, 25th Anniversary of the First Gulf Bank
  • 1 Dirham 2004, KM# 74, United Arab Emirates, Khalifa, Banking Industry in the UAE, 25th Anniversary of the First Gulf Bank
Description

FGB (formerly known as First Gulf Bank), established in 1979 and headquartered in Abu Dhabi, was the third-largest bank by assets in the UAE before merging with the National Bank of Abu Dhabi in December 2016 to form First Abu Dhabi Bank, now the largest bank by assets in the UAE. FGB provided a broad range of financial services across wholesale, consumer, and treasury banking sectors, including Islamic banking and bancassurance solutions. The bank operated a network of branches throughout the UAE and had international branches in Singapore and Qatar, representative offices in London, India, Hong Kong, and Seoul, and a subsidiary in Libya.

Sheikh Khalifa bin Zayed Al Nahyan (1948–2022), the UAE's second president and ruler of Abu Dhabi from November 2004 to May 2022, was the eldest son of the UAE's first president, Zayed bin Sultan Al Nahyan. He took on a significant role in the late 1990s due to his father's health issues and officially became Abu Dhabi's leader in 2004. His tenure saw cultural and academic growth, including the Louvre Abu Dhabi and Etihad Airways. Under his leadership, the UAE became a major economic power. Known for his pro-Western stance, he strengthened ties with the US and Israel.

Obverse

Depicts the denomination in Arabic surrounded by the country name in Arabic above and English below.

الامارات العربية المتحدة
١
درهمـ
UNITED ARAB EMIRATES

Reverse

Depicts the event's logo with "25 years" in the center as currency symbols in front of bank logo number 1 within a rhombus shape dividing dates of establishment and issue on both sides in Arabic and English enclosed by inscriptions of event in Arabic and English.

بنك الخليج الأول
٢٥ عاماً من التميز
25 Years
1979 - 2004
١٩٧٩ - ٢٠٠٤
25 Years of Excellence
First Gulf Bank

Edge

1 Dirham

Banking Industry in the UAE
25th Anniversary of the First Gulf Bank

Subscribe series
KM# 74
Characteristics
Type Commemorative Issue (Circulating)
Material Cupronickel
Weight 6.4 g
Diameter 23.8 mm
Thickness 1.9 mm
Shape round
Alignment Medal

Related coins

35th Anniversary of the National Bank of Dubai

Banking Industry in the UAE

Cupronickel, 11.3 g, ⌀ 28.5 mm
25th Anniversary of the Dubai Islamic Bank

Banking Industry in the UAE

Cupronickel, 6.4 g, ⌀ 23.8 mm
35th Anniversary of the National Bank of Abu Dhabi

Banking Industry in the UAE

Cupronickel, 6.4 g, ⌀ 23.8 mm