Abu Dhabi: Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) has announced that it has successfully priced a USD 650 million green bond, the proceeds of which will be used to finance eligible green assets as outlined in ADCB’s Green Bond Framework. The green bond is in line with ADCB’s climate strategy and reflects the […]
Abu Dhabi, UAE: Abu Dhabi Commercial Bank (ADCB) has been recognised by the UAE government for the Bank’s strong track record in sustainability and social impact, receiving the Impact Seal “Platinum Tier” from Majra, the National CSR Fund. The Impact Seal is the official federal recognition that certifies, measures and rewards organisations in the UAE […]
Abu Dhabi, UAE: Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) today reported its financial results for the first quarter of 2023 (“Q1’23”). Solid performance driven by core incomegeneration and strong fundamentals Q1’23 Key highlights (vs. Q1’22)> Net profit of AED 1.878 bn increased 27%> Net interest income of AED 2.851 bn increased 33%> […]
The new partnership gives UAE residents easy access to UK banking opportunities Customers will be able to open offshore UK current accounts from the UAE with access to multi-currency banking, mortgage and savings accounts. Abu Dhabi, UAE: ADCB and its Shari’ah compliant digital banking subsidiary Al Hilal Bank have announced an innovative new partnership with […]
Abu Dhabi: Abu Dhabi Commercial Bank (ADCB) ranks amongst the top five brands in KPMG’s latest UAE Customer Experience Excellence Report, in recognition of the Bank’s core focus on providing a market-leading, digitally enabled banking experience. The KPMG report, which is based on an extensive customer survey, listed ADCB as the only financial services company […]
Recommended dividend of AED 0.55 per share, equivalent to 60% of net profit Abu Dhabi: Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”)today reported its financial results for 2022 (“FY’22”) and the fourth quarter of 2022 (“Q4’22”). Record earnings driven by credit growth, higher net interest margin and diversified income streams Key highlights – FY’22 […]
