#Abu Dhabi Commercial Bank

ADCB

Abu Dhabi Commercial Bank reports Dhs1.121bn in Q1 net profit, up 436 per cent y-on-y

Operating expenses of Dhs1.061bn decreased 20 per cent year-on-year and 1 per cent sequentially

Abu Dhabi Commercial Bank recommends Dhs1.878bn in cash dividends for 2020

The dividend payout equals to 49 per cent of the lender’s net profit for 2020

Banks erase debt worth Dhs869.85m of 1,607 Emiratis

The move was implemented as per the directives of the UAE President Sheikh Khalifa bin Zayed Al Nahyan

Abu Dhabi Commercial Bank ADCB

UAE’s ADCB posts Q3 2020 net profit of Dhs1.3bn; down 3% y-on-y

It reported a nine-month net profit from January-September 2020 of Dhs2.802bn, down 33 per cent compared to Dhs4.196bn in the corresponding period last year

Top UAE banks signal slow recovery for Q3 2020 – report

Second-quarter net profit for UAE-based top banks jumps 21 per cent

Market cap of UAE-listed companies crosses Dhs1 trillion mark

On August 19, the listed public joint stock companies booked Dhs11.7bn in gains

ADCB

UAE’s ADCB to lay off around 400 employees – reports

The bank had asserted in March that no employees would be made redundant as a result of the Covid-19 pandemic

UAE’s ADCB posts 82% drop in Q1 net profit on NMC impairment charges

Its net loans stood at Dhs247bn and customer deposits at Dhs263bn as of the end of Q1 2020

Revealed: Top 10 banks in the UAE

The UAE’s biggest listed banks ranked by total asset size

Abu Dhabi banks ADCB, UNB and Al Hilal merge to create third largest UAE lender

The enlarged ADCB group, listed on ADX, has Dhs423bn in assets and over one million customers

ADCB’s chairman, CEO to fill top positions in new Abu Dhabi merged bank – sources

The three-way merger with Union National Bank and Al Hilal Bank could form a bank with around $113bn in assets

Revealed: Top 10 companies in the UAE in 2018

The biggest listed companies in the UAE by market capitalisation

Exchange houses hold talks with UAE Central Bank over new rules

Revealed: Top 10 banks in the UAE

The UAE’s biggest listed banks ranked by total asset size

Revealed: Top 50 GCC banks

Gulf Business reveals the 50 biggest banks in the GCC as ranked by total assets

Revealed: Top 10 banks in the UAE

The country’s biggest listed banks, as ranked by total asset size

Revealed: Top 10 companies in the UAE in 2016

The biggest listed companies in the UAE as ranked by market capitalisation

Revealed: Top 50 GCC banks in 2016

Gulf Business reveals the 50 biggest banks in the GCC as ranked by asset size