Abu Dhabi Commercial Bank (ADCB)
Abu Dhabi Commercial Bank PJSC, sometimes called ADCB, is a financial institution in the United Arab Emirates. According to the size of its balance sheet, ADCB is the third-largest bank in the UAE and provides various retail and commercial banking services to its customers.
Following a merger between the 1975-founded Emirates Commercial Bank, Federal Commercial Bank, and Khaleej Commercial Bank, Abu Dhabi Commercial Bank (ADCB) was created in 1985 as a public joint stock company with limited liability. 62.52% of the shares of ADCB are held by the Abu Dhabi government through the Abu Dhabi Investment Council (ADIC), with the remaining shares being held by various businesses and individuals.
The bank is a publicly traded joint stock business headquartered in the United Arab Emirates. ADCB offers retail, commercial, investment, merchant, brokerage, and fund management services through its network, with one branch in the United Kingdom and 48 branches in the United Arab Emirates.
ADCB's ambitions to become the preferred digital bank in the UAE are fueled by the strength and efficacy of its strategy, which is centered on the UAE, and significantly contributes to the economy and the communities it serves. ADCB has developed into a well-known brand that stakeholders can rely on because the principles of Integrity, Care, Ambition, Respect, and Discipline drive it. As a result, ADCB Group will soon become the fifth largest bank in the region, with approximately 1 million customers.
Industry: Banking
Founded: 1985
Headquarters: Abu Dhabi, United Arab Emirates
Website: https://www.adcb.com/en/
