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ADCB - Abu Dhabi Commercial Bank   Discuss Recommendations
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Abu Dhabi Commercial Bank (ADCB)  Funds under management (3)
Stock Market Abu Dhabi Securities Exchange
Official Sector Banks & Financial Services (17)
Market Cap Size Large-Cap (13)
GulfBase Sector Commercial Banks (72)
 

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Overview
Establishment Date: 01/07/1985
Paid-Up Capital (AED): 4,810,000,000
Par Value Per Share (AED): 1.00
Branches: Local 41, International 2
No. of Employees: 3000
Major Shareholders
Abu Dhabi Investment Council 64.84%
Activity
Abu Dhabi Commercial Bank (ADCB) is a public joint stock company with limited liability incorporated in the Emirate of Abu Dhabi, United Arab Emirates. ADCB changed its name from Khalij Commercial Bank to Abu Dhabi Commercial Bank after merging with Emirates Commercial Bank and Federal Commercial Bank in 1985. ADCB carries on retail banking, commercial banking, investment banking, merchant banking, brokerage and asset management activities through its network of forty two branches in the United Arab Emirates and two branches in India.
Subsidiaries, Associates & Joint Ventures
Company
Abu Dhabi Brokerage Services
Abu Dhabi Commercial Properties
Abu Dhabi Risk & Treasury Solutions
more details

Corporate Announcements Company News
Net profit announced for the 9 months ending on 30/9/2009, AED 701 million, a decrease of 57%. 27/10/2009
Net profit announced for the 1st Half of the year 2009, AED 657 million, a decrease of 39%. 25/07/2009
Net profit announced for the 1st Quarter of the year 2009, AED 353.69 million, a decrease of 32%.26/04/2009
10% cash dividend approved for the year 2008.06/04/2009
10% cash dividend announced for the year 2008.13/03/2009
more...
ADCB first to pay and tell  (The National - 11/11/2009)
ADCB Q3 profit down to Dh44m on provisions   (Business 24|7 - 28/10/2009)
Banks book Dh1.1bn in bad-loan charges  (The National - 28/10/2009)
ADCB Q3 net profit dives 90pc to $12 million   (Reuters - 27/10/2009)
Abu Dhabi Commercial ?Bank Issues $1b Bond  (Khaleej Times - 04/10/2009)
more...

Key People Contacts
Chairman: Eissa M. Al Suwaidi
Vice Chairman: Mohammad S. A. Al Hamely
CEO: Alaa M. A. Eraiqat
Board Members: Jean-Paul Villain
Mohamed D. M. Al Khoori
Salem M. Al Amri
Abdulla K. M. Al Mutawa
Mohamed A. Al Dhaheri
Khalid A. K. Al Suwaidi
Mohammad I. Al Fahim
Sh. Sultan S. Al Dhahiri
Auditors: Deloitte & Touche
E-mail Address: info@adcbuae.com
Website: http://www.adcb.com
Postal Address: P.O. Box 939, Abu Dhabi
Phone: +9712 6962222
Fax: +9712 6109851
 
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