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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 raises $1.5bn through dual-tranche bondAbu Dhabi Commercial Bank (ADCB) has raised a combined $1.5 billion through the placement of a rare dual-tranche bond offering made up of senior and subordinated notes. The lender priced at $750 million 2.50 per cent five-year sen 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 picks banks for bond issueAbu Dhabi Commercial Bank (ADCB), the UAE's third largest lender by market value, has picked five banks for a conventional bond issue, two sources familiar with the matter said, tapping into s 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… |
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ADCB seals co-op deal with Banco SantanderThe UAE's Abu Dhabi Commercial Bank (ADCB) and Europe's largest lender by market capitalization, Banco Santander, have agreed to co-operate in trade and project finance as the Spanish bank broadens its reach in the Gulf. T More… |
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ADCB's Q3 profit dips 3pc, misses forecastAbu Dhabi Commercial Bank , a majority state-owned bank, posted a 3-per cent decline in third-quarter net profit on Thursday, missing analysts' expectations, as non-interest income fell and bad loan allowances rose slightly. T More… |
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ADCB sues Dubai crown prince's firmAn Abu Dhabi bank has filed a legal claim against Dubai's Zabeel Investments, according to court papers seen by Reuters, the second time in a month a creditor has resorted to the courts to recover debt from a company owned by the emirates to More… |
