Business »
Company Search » Abu Dhabi Commercial Bank – ADCB
Information
Company Name:
|
Abu Dhabi Commercial Bank – ADCB
|
|
Company Profile:
|
Abu Dhabi Commercial Bank – ADCB is a diversified full service bank. Other than banking services that span corporate, retail and commercial banking ADCB is active in the areas of treasury derivatives, infrastructure finance, private banking and wealth management.
Since 1985 ADCB has reported successive years of record profits and consistent growth. Our approach is driven by the ability to create value for our customers by leveraging our skills and expertise. Amongst UAE banks, ADCB has the second largest deposit base with total assets as at 31/12/2006 of AED 81.1 billion and net profit of AED 2.147 billion in 2006.
Our strong franchise, supported by a network of 40 branches in UAE and 2 branches in India is reflected in our recent rating of Aa3, which is the highest awarded to a bank instrument in the Middle East.
The Government of Abu Dhabi, through Abu Dhabi Investment Council (ADIC), holds 65% of the capital while the rest is held by various UAE Institutions and Nationals. ADCB’s market capitalization as of 31/12/2006 was AED 22.8 Billion (US$6.2 Billion)
|
|
Establishment Date: |
1/1/1900 |
CONTACT