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ADCB is the third-largest bank in the UAE in terms of balance sheet size and offers a range of commercial and retail banking services to its customers. As of 30 September 2018, it employs over 5000 people serving retail and corporate clients. Aside from 56 branches in the UAE, it had 1 branch in Jersey until October 2020. [2]
With issued capital of AED 4 billion and paid-up capital of AED 3.5 billion, the Bank had credit ratings of A+ and A2 by Fitch and Moody’s respectively. The Bank has 14 retail branches across the UAE and previously had 3 branches in Kazakhstan which now operate under the ADCB Islamic brand. Al Hilal Bank also offers online banking services.
FAB has been ranked by Global Finance as the safest bank in the UAE and the Middle East and the best bank in the UAE. [13]The Banker’s Top 1000 World Banks 2020 list, measured by Tier 1 capital, ranked FAB as number one in the UAE, second in the Middle East and 85th across the globe – in addition to ranking the bank #109 by assets in the same list.
As of 31 December 2020, total assets were DH 698 billion, deposits of AED 464 billion, a total income of AED 23.21 billion, and a net profit of AED 7 billion, making it one of the top financial institutions of the UAE, with a brand value of US$3.89 billion. [6]
Abu Dhabi Commercial Bank - Egypt (ADCB), part of Abu Dhabi Commercial Bank Group; Egyptian Gulf Bank (EG-Bank) Arab African International Bank (AAIB) HSBC Bank Egypt S.A.E., part of HSBC Group; Arab Banking Corporation - Egypt S.A.E. (BankABC), part of Arab Banking Corporation Group
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The NFC wild-card game between the Los Angeles Rams and Minnesota Vikings is being moved to Arizona, the NFL announced Thursday. The game remains scheduled for Monday at 5 p.m. PT, but will now be ...
This is a list of government-owned companies of the United Arab Emirates. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government.