52 Week Range
As of on the Abu Dhabi Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
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Abu Dhabi Commercial Bank PJSC (ADCB) is a United Arab Emirates-based bank engaged in the business of retail banking, commercial banking and Islamic banking and the provision of other financial services. The Bank operates in four segments: the Wholesale banking segment comprises of business banking, cash management, trade finance, corporate finance, investment banking, Indian operations, Islamic financing, infrastructure, strategic client operations; the Consumer banking segment comprises of retail, wealth management and Islamic financing; the Investment and Treasury segment comprises of central treasury operations, management of the Bank's investment portfolio and interest rate, currency and commodity derivative portfolio and Islamic financing, and the Property management segment comprises of real estate management and engineering service operations of subsidiaries. The Bank operates through a network of 50 branches and four pay offices in the United Arab Emirates.
Abu Dhabi Commercial Bank Building
Shk Zayed Street, 939
United Arab Emirates
Eissa Mohammed Ghanem Al Suwaidi
Non-Executive Independent Chairman of the Board
Alaa Mohammed Ataa Khalil Eraiqat
Group Chief Executive Officer and Member of the Board, Executive Director
Mohamed Dhaen Mahasoon Alhamli
Independent Non-Executive Vice Chairman of the Board
Group Chief Financial Officer
Group Chief Operations Officer
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Abu Dhabi Commercial Bank (ADCB) <ADCB.AD> posted a 3% drop in third-quarter profit on Wednesday as the UAE's third-biggest lender took additional impairments on its exposure to hospital operator NMC Health and associated companies.
Shares in Abu Dhabi Commercial Bank <ADCB.AD> and Union National Bank <UNB.AD> surged on Tuesday after they said they were in three-way merger talks that included Al Hilal Bank in a deal that could form a lender with $113 billion in assets.
Abu Dhabi is exploring a merger of three banks that would create the fifth biggest Gulf lender with about $110 billion in assets, Bloomberg reported on Monday, citing people with knowledge of matter.
* SAYS UNIT ADCB ASSET MANAGEMENT LTD RECEIVES PRUDENTIAL CATEGORY 3C LICENSE FROM ABU DHABI FINANCIAL SERVICES REGULATORY AUTHORITY Source text for Eikon: Further company coverage:
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