First Gulf Bank Reviews | Glassdoor

First Gulf Bank Reviews

Updated August 14, 2017
55 reviews

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3.2
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55 Employee Reviews

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Pros
  • Management, work life balance, freebies like movie tickets and theme park tickets (in 3 reviews)

  • good pay but doing non challenging role (in 3 reviews)

Cons
  • No work life balance, poor treatment of staff, no care or thought towards employee rights and long lags in payout of commission (in 2 reviews)

  • No growth, career opportunities, no learning on the job (in 2 reviews)

More Pros and Cons

  1. "Gr8 company to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I worked at First Gulf Bank full-time

    Pros

    Professionals around you, service oriented culture

    Cons

    Result oriented management mindset, business value centric

    Advice to Management

    No advice doing well


  2. "Contract"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in Boston, MA
    Former Employee - Consultant in Boston, MA
    Recommends

    I worked at First Gulf Bank (More than 3 years)

    Pros

    The organization provides excellent opportunities to work on different projects and

    Cons

    They absorption rate in their payroll is very less

  3. Helpful (1)

    "Missed the mark"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Vice President in Lithonia, GA
    Former Employee - Senior Vice President in Lithonia, GA
    Doesn't Recommend
    Neutral Outlook

    I worked at First Gulf Bank (More than 3 years)

    Pros

    Tax Free Income for expats from western antions

    Cons

    Management
    Sub-continent slant
    Highly outsourced employee base
    Lack of transparence


  4. Helpful (6)

    "Small Bank Mentality Aspiring to be Big Bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Former Employee
    Former Employee - Former Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at First Gulf Bank full-time

    Pros

    Good pay, especially after it was reviewed, getting good pay but doing non challenging role. As it was owned by royal family, bank sometimes spend on ridiculous things

    Cons

    1) Politics
    Too much internal fights at the head office. Indian ratio in head office got so high, till they finally realize it is a national security issue, and find ways to remove Indians

    2) Support for Overseas Branch
    Only one overseas branch in Singapore. But it seems that there are people in head office that do not wants the overseas branch to succeed, creating countless problems

    3) Racial Discrimination
    At the only overseas branch, a certain race is being tolerated for sloppy work, and the certain race gets promoted and commended even though others do better. A good example is such that a certain race gets promoted every year, even though the staff smokes in toilet and have known extramarital affairs.

    4) Micromanagement
    Head of the branch will sit at the lobby, trying to catch latecomers for work

    5) Risk Exposure
    Bank's exposure to certain countries is too highly concentrated. In good times, the profitability is high. It has not experienced bad times yet, as overseas branch us a new setup.

    6) High Turnover of Staff
    There must be a reason why the pay is good, but management staff come and go, especially the compliance department

    7) KYC procedures
    Even though deals might be suspected and reported by staff to have Iranian links, but head of branch did not take decisions to stop transactions

    Advice to Management

    Overhaul management team. Do not sacrifice banking integrity for profitability.


  5. "It's a great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Development Manager in Dubai (United Arab Emirates)
    Former Employee - Business Development Manager in Dubai (United Arab Emirates)
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at First Gulf Bank full-time (More than a year)

    Pros

    Good working atmosphere, A place to exhibit your professional skills, great bosses and a fair amount of flexibility given to perform your tasks

    Cons

    No job is permanent, The merger had cost a lot of jobs. Shuffling in top management can put your job at stake

    Advice to Management

    Should ensure career progression for employees


  6. "Assistant Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Manager in Dubai (United Arab Emirates)
    Current Employee - Assistant Manager in Dubai (United Arab Emirates)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at First Gulf Bank full-time (More than 3 years)

    Pros

    Management, work life balance, freebies like movie tickets and theme park tickets. Decent pay but no increments at all

    Cons

    Very slow, rigid, lack of focus
    No increment at all. Performance management process is very top down and doesn't reflect actual employee performance


  7. "Assistant Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I have been working at First Gulf Bank full-time (Less than a year)

    Pros

    Senior management, work culture, free tickets

    Cons

    Slow extremely slow.. rigid and lack of flexibility

  8. "FGB"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in Abu Dhabi (United Arab Emirates)
    Former Employee - Assistant Vice President in Abu Dhabi (United Arab Emirates)

    Pros

    Excellent Pay Masters,Performance Driven,Target oriented

    Cons

    Restricted Decision making, Performance restricted to Numbers only

    Advice to Management

    More Delegation


  9. "Portfolio Management"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Consultant in Abu Dhabi (United Arab Emirates)
    Current Employee - Consultant in Abu Dhabi (United Arab Emirates)
    Doesn't Recommend
    Negative Outlook

    I have been working at First Gulf Bank full-time (More than a year)

    Pros

    Nothing Nothing Nothing Nothing Nothing

    Cons

    Waste of money Projects without methodology for framework

    Advice to Management

    Audit, PMO Implementation


  10. "Personal Banking Sales"

    StarStarStarStarStar
    Current Employee - Sales Person in Abu Dhabi (United Arab Emirates)
    Current Employee - Sales Person in Abu Dhabi (United Arab Emirates)

    I have been working at First Gulf Bank (More than a year)

    Pros

    I love this job I am very much interested this job

    Cons

    I love more this job

    Advice to Management

    Irrespective movies ideas


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