Abu Dhabi Commercial Bank

Overview

Abu Dhabi Commercial Bank (ADCB), a subsidiary of Abu Dhabi Investment Council, is a provider of traditional and Islamic banking solutions to individuals, high net worth individuals, government, and corporate customers. Its product and service portfolio comprises current and savings accounts; fixed deposits; debit and credit cards; savings and protection solutions; auto, personal, home, and education loans; corporate and structured finance; investment banking; and wealth management. It also provides other services such as foreign exchange, Islamic banking, brokerage, cash management, trade finance, and bond and Sukuk trading. The bank has a presence in the UAE, India, Jersey, Singapore, the UK, Cayman Islands, Isle of Man, and Luxembourg. ADCB is headquartered in Abu Dhabi, the UAE.
Key Stats
Address
Abu Dhabi Commercial Bank Building, Shk Zayed Street, 939, ABU DHABI, United Arab Emirates
Headquarters

United Arab Emirates

Contact

971 2 6962222

Website
www.adcb.com
No of Employees

1,366

Industry

Financial Services

Ticker Symbol & Exchange​

ADCB [ABD]

Revenue (2020)

$4,826 m

-10.7% (2020 vs 2019)
Net Income (2020)

$1,036 m

-20.6% (2020 vs 2019)
Net Profit Margin

21 %

-11% (2020 vs 2019)
Market Cap *

$14,530 m

EPS *

$0.1

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Abu Dhabi Commercial BankEmirates NBD BankFirst Abu Dhabi BankDubai Islamic Bank P.J.S.C.
Key Information
Headquarters United Arab Emirates United Arab Emirates United Arab Emirates United Arab Emirates
Headquarter City ABU DHABI DUBAI ABU DHABI DUBAI
Headquarter State/Province - - - -
No. of Employees 1,366 6,922 2,544 6,894
Entity Type Public Public Public Public

Products & Services

ADCB provides banking and other related solutions. Its key products and services include the following:

Products
  • Accounts:
  • Current
  • Savings
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Hussain Jassem Al Nowais Vice Chairman; Director Executive Board 2020 - Mr. Hussain Jassem Al Nowais has been the Vice Chairman of the company since March 2020.
Khaldoon Khalifa Al Mubarak Chairman Non Executive Board 2020 - Mr. Khaldoon Khalifa Al Mubarak has been the Non-executive Chairman of the bank since March 2020. Prior to this role,...
Siddiqa Abbas Chief Operating Officer Senior Management 2018 - Ms. Siddiqa Abbas has been the Chief Operating Officer of the bank since 2018. Prior to this, she served as...
Tilak Silva Chief Credit Officer Senior Management 2018 - Mr. Tilak Silva has been the Chief Credit Officer of the bank since 2018. He has been working with the...
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History

Year Event Description
2021 Contracts/Agreements In February, the company entered into an agreement to acquire portfolio of approximately 1,000 mortgages…
2021 Plans/Strategy In June, the company received US$41.4 million offer to acquire its 51.54% stake in Egypt's…
2020 Acquisitions/Mergers/Takeovers In April, the bank completed the integration of Union National Bank (UNB) and Al Hilal…
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Locations


Al Wifaq Finance Company PrJSC

Address

Abu Dhabi Airport Road, Abu Dhabi
United Arab Emirates

Telephone

971 2 443 0820

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
22 Jun 2021 Ribbons Korea Raises USD9.26 Million in Series A Round Venture Financing Base Investments; Premier Partners LLC; Pathfinder Partners, LLC; Abu Dhabi Commercial Bank; Lighthouse Computer Investments; DSC Investment Partnership I LLC; Industrial Bank of Korea Ribbons Korea
06 Jun 2021 Emirates Advanced Investments to Acquire 51.54% Stake in Alexandria New Medical Center from Abu Dhabi Commercial Bank (ACDB) Acquisition Emirates Advanced Investments Company Alexandria New Medical Center
01 Jun 2021 TAT for Medical Services Plans to Acquire 51.54% Stake in Alexandria Medical Services from Abu Dhabi commercial bank Acquisition TAT for Medical Services Alexandria Medical Services Company
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