 |
UAE bourse gains $2bn on bank merger reportsThe UAE stock exchanges gained Dh7.5 billion ($2.04 billion) in market cap on Tuesday following reports purporting initial negotiations on potential mergers between Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank. More… |
 |
ADCB's 2017 net profit surges to $1.16bnAbu Dhabi Commercial Bank (ADCB) has registered a full year net profit of Dh4.28 billion ($1.16 billion) for 2017, up three per cent over the same period the year before. Announcing the financial results for the year ended Decembe More… |
 |
ADCB Q2 net profit down 12.3pcAbu Dhabi Commercial Bank on Monday beat the average forecast of analysts despite posting a 12.3 per cent fall in second-quarter net profit. The emirate's third-largest bank by assets made a net profit attributable to sharehol More… |
 |
ADCB Q1 net profit drops 18.2pcAbu Dhabi Commercial Bank on Wednesday posted a 18.2 per cent fall in first-quarter net profit, as income from its core business dipped and provisions increased. The third largest bank by assets in the United Arab Emirates made a More… |
 |
ADCB offers instant online loansAbu Dhabi Commercial Bank (ADCB) is offering customers instant paperless pre-approved personal loans, available online from anywhere in the world and at any time of day or night, said a top official. ADCB’s pre-approved cust More… |
 |
Abu Dhabi Commercial Q2 profit up 21pcAbu Dhabi Commercial Bank on Tuesday posted a 21 per cent rise in second-quarter net profit, slightly beating analysts' forecasts. The fourth largest lender by market value in the United Arab Emirates made a net profit attribu More… |
 |
Cheap oil slows projects in Saudi Arabia, UAELow oil prices are slowing new economic projects in Saudi Arabia and the UAE but project awards have accelerated in Qatar and Kuwait, Abu Dhabi Commercial Bank said on Thursday in a report showing the mixed impact of cheap oil on the Gulf. More… |
 |
ADCB wins top corporate governance awardAbu Dhabi Commercial Bank (ADCB) has won the “Best Corporate Governance Award” for 2015 by leading magazine World Finance. The World Finance Corporate Governance Awards highlight companies that serve as a benchmark for More… |
 |
ADCB Q4 profit jumps 29pc to $277mAbu Dhabi Commercial Bank (ADCB) made a net profit of Dh1.02 billion ($277.7 million) in the three months of 2014 versus Dh793.1 million in the corresponding period of 2013, marking a rise of 28.9 per cent according to Reuters calculations. More… |
 |
ADCB to open new Singapore officeAbu Dhabi Commercial Bank (ADCB) will open a representative office in Singapore this year as part of its plans to expand in southeast Asia, the bank said on Saturday. The fourth-largest lender in the United Arab Emirates by assets More… |
