In the United Arab Emirates, Abu Dhabi Commercial Bank PJSC (Arabic: بن ⁇ ⁇ بو ⁇ بي الت ⁇ اري ) (ADX: ADCB), commonly referred to as ADCB, is a bank.
After the merger of Emirates Commercial Bank, Federal Commercial Bank, and Khaleej Commercial Bank, which was established in 1975, Abu Dhabi Commercial Bank (ADCB) was formed in 1985 as a public limited liability company.
Abu Dhabi Commercial Bank Company Profile
Abu Dhabi Commercial Bank believes in and is committed to, good corporate governance, providing a framework for its future growth and corporate performance; fostering trust in its operations as a beneficiary of depositor funds and shareholder capital, and enabling it to contribute to the sustainable development of Abu Dhabi’s financial system.
62.52 percent of ADCB shares are held by the Government of Abu Dhabi through the Abu Dhabi Investment Council (ADIC); the remainder is held by other institutions and individuals. In terms of balance sheet size, ADCB is the third-largest bank in the UAE and provides its customers with a variety of commercial and retail banking services. ADCB is a full-service commercial bank providing a wide range of products and services, such as retail banking, asset management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign banking,
Abu Dhabi Commercial Bank believes in and is committed to, good corporate governance, providing a framework for its future growth and corporate performance; fostering trust in its operations as a beneficiary of depositor funds and shareholder capital, and enabling it to contribute to the sustainable development of Abu Dhabi’s financial system.
The ADCB Group is a leading banking institution in the UAE that provides a full suite of products and services to more than 1 million customers, covering consumer banking, wholesale banking, treasury & investment, and property management. ADCB and Union National Bank merged on 1 May 2019, and Al Hilal Bank was acquired by the combined entity. In April 2020, the complete integration was completed.
This is to inform you that the operations in India of Abu Dhabi Commercial Bank P.J.S.C. have ceased. Your account has been transferred to DCB Bank Limited if you were an active account holder with ADCB India (www.dcbbank.com).
ADCB PJSC reports AED 3.809 billion in full-year net profit and recommends an AED 0.27 per share* cash dividend equivalent to 49 percent of net profit.
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