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Abu Dhabi Commercial Bank - ADCB
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ADCB Wealth Management Assigns ‘Buy’ (Khaleej Times - 23/03/2009)

ADCB Wealth Management Group has assigned a ‘buy’ rating for Emirates Telecommunication Corp., or Etisalat, saying the UAE’s biggest phone company will benefit from its high-end 3G services and its international operations. ADCB, a unit of the Abu Dhabi

ADCB Shareholders to Vote on Deposits Conversion (Khaleej Times - 19/03/2009)

The Abu Dhabi Commercial Bank’s shareholders will vote on March 31st on the possible conversion of Dh6.6 billion long-term deposits into Tier-2 capital, its CEO said on Wednesday. “The bank has enough funds to meet the financial commitments for the

ADCB to convert $1.8bn govt cash to capital (Reuters - 18/03/2009)

Abu Dhabi Commercial Bank (ADCB) said on Wednesday it planned to convert into regulatory capital Dh6.6 billion ($1.80 billion) of state deposits. The bank is the latest in the UAE to say it would convert Ministry of Finance deposits from a Dh70 billion

ADCB assures fund investors despite posting (www.business24-7.ae - 12/03/2009)

The Abu Dhabi Commercial Bank (ADCB), one of the largest banks in the Middle East, sought yesterday to reassure fund investors about their money despite losses this year because of the global financial crisis. ADCB Fund Management Head, Mark Friedenthal,

ADCB Launches ‘Back to Back Letter of Credit (Khaleej Times - 01/03/2009)

Abu Dhabi Commercial Bank, announced on Saturday the launch of its “Back to Back Letter of Credit Facility,” a core component of its Structured Trade Finance capability. The Facility is a specialist trade finance product offered to companies who buy and

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