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ADCB sells $300m of subordinated bondsAbu Dhabi Commercial Bank will sell $300 million in a subordinated bond on Wednesday, according to the deal arranger, just over two months after its last debt markets outing. The lender had aimed to issue a benchmark-sized subordi More… |
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ADCB partners with Palm UtilitiesAbu Dhabi Commercial Bank (ADCB) has announced the implementation of a cash management program with Palm Utilities, a Dubai World Company established in 2007 to provide top utility solutions. The cash management solution is in lin More… |
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ADCB buys back $313m sharesAbu Dhabi Commercial Bank, the UAE's third-largest lender by market value, bought back shares worth Dh1.15 billion ($313.1 million) at the end of last week, the bank said in a statement on Sunday. More… |
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ADCB posts 5pc rise in Q1 profitAbu Dhabi Commercial Bank (ADCB) posted a net profit of 903 million dirhams ($245.8 million) in the three months to March 31, up from 861 million dirhams in the prior-year period, marking a 5 percent rise. Four analysts polled by Reuter More… |
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ADCB sets early price talk for 2-part bond saleAbu Dhabi Commercial Bank (ADCB) has released early price guidance for a two-part bond offering, arranging banks said on Monday, with final pricing expected this week. Guidance for a benchmark-sized 5-year senior unsecured bond wa More… |
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ADCB to kick off bond roadshowsAbu Dhabi Commercial Bank (ADCB), the UAE's third-largest lender by market value, plans to begin investor meetings ahead of a potential dollar-denominated bond on February 18, said the arranging banks. The UAE lender said earl More… |
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Abu Dhabi Commercial Bank Q4 profit jumps 32pcAbu Dhabi Commercial Bank reported a 32 per cent jump in quarterly net profit on Wednesday, beating analysts' expectations, as the bank made fewer provisions and non-interest income grew. The UAE’s third largest lender b More… |
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ADCB wins ISO quality certificationAbu Dhabi Commercial Bank (ADCB) has announced that its Group Business Services division has achieved ISO 9001:2008 certification as recognition of the quality management system standard of the bank. ISO 9001 certification benchma More… |
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ADCB provides management solution to Dubai hotelAbu Dhabi Commercial Bank (ADCB) has announced the implementation of a cash management mandate with Atlantis, The Palm, a major hotel resort at Palm Jumeirah in Dubai. The innovative cash management mandate will enhance operationa More… |
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ADCB hires Standard Life chairman as adviserAbu Dhabi Commercial Bank , the United Arab Emirates' third biggest bank by market value, has appointed Gerry Grimstone as adviser to the bank's board, the lender said on Wednesday. Grimstone, a former investment banker at More… |
