Customer financing increased by 15 per cent YTD, with Dhs16bn of new financing extended in the January-June period
The all-in-one digital platform aims to significantly reduce the cost of doing business for SMES by providing them with a wide range of exclusive offers and discounts
The bank reported strong growth numbers as its retail and corporate businesses reflected growth and diversification in business
The Islamic bank made a profit of Dhs1.1bn in the three months to March 31, up from Dhs715m in the same period last year
The lender reported revenue worth Dhs6.8bn in 2022, up 23 per cent year-on-year
Continuous innovation, segment focus, digital excellence and sustainable future are the core tenets of our 2025 growth strategy
The bank registered Dhs2.45bn in net profit for the first nine months of 2022
The bank’s revenue for the first half of the current year improved by 7 per cent to Dhs2.8bn compared to Dhs2.6bn last year
ADIB and Visa’s partnership will drive the growth of digital payments through data-led solutions and deliver differentiated products in the market
The new portal will enable fintech developers to use the lender’s APIs for the purpose of developing their own applications
The agreement signed between ADDED and FAB, ADCB, CBD and ADIB will help credit card holders pay the charges for ADDED’s services in installments
The funding will cover the construction of up to 453 villas and 133 townhouses as part of the Phase 1 development of Jubail Island
The bank’s shareholders also elected a new board of directors
The bank’s revenue increased 4 per cent to Dhs5.56bn
The bank’s global head of retail banking, private banking and brokerage, and chief human resources officer are leaving
Nasser Abdulla Al Awadhi previously served as the group chief of consumer banking at Dubai Islamic Bank
The lender reported third-quarter net income fell 7.7 per cent from a year ago to Dhs492.9m
Parents can open an Amwali account from their mobile phones through the ADIB mobile app
Its total revenue grew 3.4 per cent to Dhs2.644bn compared to Dhs2.557bn in H1 2020
Its revenue increased 3.3 per cent to Dhs1.33bn
Its revenues also pared to Dhs5.35bn in 2020
The structured note which matures in 12 months provides 95 per cent capital protection
The move was implemented as per the directives of the UAE President Sheikh Khalifa bin Zayed Al Nahyan
Over half of ADIB card sales are taking place on the platform
Second-quarter net profit for UAE-based top banks jumps 21 per cent
The electronic process was made possible by linking the ADJD systems with the servers of Abu Dhabi Islamic Bank
Its net revenue also declined nearly 11.5 per cent year-on-year to Dhs2.5bn
These offers include a reduction on the profit rate and pricing discounts on some of the bank’s financial products
The bank’s chief operating officer, Sandeep Chouhan, has been appointed acting CEO
Abu Dhabi Islamic Bank is reportedly planning to close local and international branches