#Abu Dhabi Islamic Bank

ADIB launches b2b digital marketplace for smes Image Supplied

Abu Dhabi Islamic Bank launches b2b marketplace for SMEs

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

ADIB net profit Q1 2023

ADIB’s Q1 2023 profit surges to $299m on higher margins

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

developer portal

Abu Dhabi Islamic Bank reports 55% rise in net profit for 2022

The lender reported revenue worth Dhs6.8bn in 2022, up 23 per cent year-on-year

Power Letters 2023: Nasser Al Awadhi, chief executive officer, ADIB

Power Letters 2023: Nasser Al Awadhi, chief executive officer, Abu Dhabi Islamic Bank

Continuous innovation, segment focus, digital excellence and sustainable future are the core tenets of our 2025 growth strategy

ADIB reports highest quarterly net profit for Q3 2022

ADIB reports highest quarterly net profit for Q3 2022, crossing Dhs1bn

The bank registered Dhs2.45bn in net profit for the first nine months of 2022

ADIB net profits hit 1.4bn dirhams in H1 2022

Abu Dhabi Islamic Bank reports net profit of Dhs1.4bn in H1 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_visa partnership

UAE’s ADIB, Visa partner to boost adoption of digital payments

ADIB and Visa’s partnership will drive the growth of digital payments through data-led solutions and deliver differentiated products in the market

developer portal

Abu Dhabi’s ADIB launches API developer portal to drive open banking

The new portal will enable fintech developers to use the lender’s APIs for the purpose of developing their own applications

ADDED Abu-Dhabi_

Abu Dhabi’s ADDED introduces easy payment plan for business owners

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

Jubail Island ADIB financing

ADIB signs off Dhs500m Sharia’a-compliant deal to develop Jubail Island

The funding will cover the construction of up to 453 villas and 133 townhouses as part of the Phase 1 development of Jubail Island

Abu Dhabi Islamic Bank approves cash dividend equalling 48.5% of net profit for 2021

The bank’s shareholders also elected a new board of directors

Abu Dhabi Islamic Bank posts 45% rise in net profit for 2021

The bank’s revenue increased 4 per cent to Dhs5.56bn

ADIB reshuffles top leadership days after new CEO takes charge

The bank’s global head of retail banking, private banking and brokerage, and chief human resources officer are leaving

Abu Dhabi Islamic Bank appoints DIB banker as group CEO

Nasser Abdulla Al Awadhi previously served as the group chief of consumer banking at Dubai Islamic Bank

Abu Dhabi Islamic Bank

Abu Dhabi’s biggest Islamic bank weighs merger deals outside UAE

The lender reported third-quarter net income fell 7.7 per cent from a year ago to Dhs492.9m

Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank net profit at Dhs1.1bn in H1 2021, up 89% y-on-y

Its total revenue grew 3.4 per cent to Dhs2.644bn compared to Dhs2.557bn in H1 2020

Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank posts 125% rise in Q1 net profit

Its revenue increased 3.3 per cent to Dhs1.33bn

Abu Dhabi Islamic Bank posts 38% dip in net profit for 2020; approves 46.6% cash dividend

Its revenues also pared to Dhs5.35bn in 2020

Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank launches one-year healthcare equities note for investors

The structured note which matures in 12 months provides 95 per cent capital protection

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

UAE lender ADIB launches remote sales platform

Over half of ADIB card sales are taking place on the platform

Top UAE banks signal slow recovery for Q3 2020 – report

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

Abu Dhabi Judicial Department launches automated disbursement process

The electronic process was made possible by linking the ADJD systems with the servers of Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank records 52% decrease in net profit for H1 2020

Its net revenue also declined nearly 11.5 per cent year-on-year to Dhs2.5bn

Abu Dhabi Islamic bank provides exclusive offers to healthcare workers

These offers include a reduction on the profit rate and pricing discounts on some of the bank’s financial products

Abu Dhabi Islamic Bank CEO Manna resigns after a year on job

The bank’s chief operating officer, Sandeep Chouhan, has been appointed acting CEO

Abu Dhabi’s ADIB looks to save Dhs500m by cutting jobs, shutting branches – report

Abu Dhabi Islamic Bank is reportedly planning to close local and international branches

Revealed: Top 10 banks in the UAE

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