Wednesday 22 October 2014
 
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ADCB records 16.4pc rise in net profit

Abu Dhabi Commercial Bank (ADCB) reported a 16.4 per cent increase in third-quarter net profit on Wednesday, in line with analyst expectations. The fourth-largest lender in the UAE by assets made a net profit attributable to equit

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Damac, ADCB sign mortgage facilities deal

Dubai-developer Damac Properties and Abu Dhabi Commercial Bank (ADCB), one of the top banks in the UAE, have signed a new agreement offering attractive mortgages to investors in the emirate’s off-plan real estate market. Cli

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Abu Dhabi Commercial Bank posts 22pc profit rise

Abu Dhabi Commercial Bank , the fourth-largest lender by market value in the United Arab Emirates, beat analysts' estimates slightly on Tuesday as it posted a 22 per cent rise in second-quarter net profit on

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ADCB inks Saadiyat project finance deal

Abu Dhabi Commercial Bank (ADCB) said it has signed a customer financing agreement with Saadiyat Development and Investment Company (SDIC) for its luxurious residential development project, Hidd Al Saadiyat. As part of the agreeme

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ADCB inks Saadiyat project finance deal

Abu Dhabi Commercial Bank (ADCB) said it has signed a customer financing agreement with Saadiyat Development and Investment Company (SDIC) for its luxurious residential development project, Hidd Al Saadiyat. As part of the agreeme

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ADCB first-quarter profit climbs 15pc

Abu Dhabi Commercial Bank reported a 15 per cent increase in first-quarter net profit on Tuesday, beating analysts' expectations, as the lender benefited from the improving local economic conditions. The UAE's fourth-large

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ADCB launches simplified personal loans

Abu Dhabi Commercial Bank (ADCB) has launched ‘SimplyLife,’ a consumer finance brand specialising in simple, quick and accessible personal finance products.   SimplyLife offers a simple application pr

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Two Abu Dhabi banks vie for Barclays UAE retail ops

Two Abu Dhabi lenders have emerged as frontrunners to buy most of Barclays' retail banking operations in the UAE, with a final decision expected next month after a competitive bidding process, banking sources said on Wednesday.

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ADCB to buy back 3pc of its shares

Abu Dhabi Commercial Bank (ADCB) plans to buy back a further three per cent of its shares this year, as it seeks to enhance its stock value, its chief executive said.   The emirate's third-largest lender by m

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ADCB Q4 net jumps 40pc, beats estimates

Abu Dhabi Commercial Bank (ADCB) said on Sunday its fourth-quarter net profit rose 40 per  cent to Dh879 million ($237 million) from Dh628 million a year ago. Five analysts polled by Reuters had expected the bank on average t

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