ADCB

For the station, see ADCB (Dubai Metro).
ADCB
Native name
بنك أبوظبي التجاري
TypePublic bank
ADX: ADCB
ISINAEA000201011
IndustryBanking
Founded1985; 41 years ago (1985)
Headquarters
Abu Dhabi
,
United Arab Emirates
Number of locations
71 (2025)
Area served
United Arab Emirates and Egypt
Key people
Khaldoon Khalifa Al Mubarak
(Chairman)
Ala'a Eraiqat
(CEO)
ProductsFinancial services
RevenueAED 11,4 billion (2025)
(USD 3 billion)[1]
AED 22,2 billion (2025)
(USD 6 billion)[1]
Total assetsAED 773 billion (2025)
(USD 210 billion)[1]
Total equityAED 88,7 billion (2025)
(USD 24 billion)[1]
OwnerGovernment of Abu Dhabi (through the Abu Dhabi Investment Authority (ADIA)) (65%)
Number of employees
9100 (2025)
Websitewww.adcb.com

ADCB (Abu Dhabi Commercial Bank), (Arabic: بنك أبوظبي التجاري); is a major Emirati bank among the Big four banks.

History

Abu Dhabi Commercial Bank (ADCB) was formed in 1985[2] as a public shareholding company with limited liability, following the mergers between Emirates Commercial Bank, Federal Commercial Bank, and Khaleej Commercial Bank, which was established in 1975.

The Government of Abu Dhabi through the Abu Dhabi Investment Council (ADIC) holds 62.52% of ADCB shares; the remainder is held by other institutions and individuals. 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.[3] It also operated out of representative offices in Singapore and London until these closed in 2020 [4]

In January 2019, a 3 bank merger was announced between ADCB, Union National Bank and Al Hilal Bank. The combined bank continues to operate as ADCB although Al Hilal Bank operates as a standalone Islamic bank consolidated under the new group entity.

ADCB Group will become the fifth largest bank in the region with approximately 1 million customers.[5][6][7][8][9]

ADCB was ranked eighth on Forbes Middle East's 30 Most Valuable Banks 2025 list.[10] It also ranked tenth on Forbes Middle East's Top 100 Listed Companies 2025 list.[11]

International Operations

The bank operates as a Wholesale banking in Saudi Arabia and India

Area of Business

The Bank is a United Arab Emirates-based public joint stock company that provides retail, commercial, investment, merchant, brokerage and fund management activities through its network of 56 branches in the United Arab Emirates, 46 in Egypt, 2 in India, 1 in Saudi Arabia and 1 in the UK.

See also

References

  1. ^ a b c d "2025 Annual Report -ADCB" (PDF).
  2. ^ "Abu Dhabi Commercial Bank". Forbes.
  3. ^ "Abu Dhabi Commercial Bank exits operations from Jersey". Zawya.com.
  4. ^ "Abu Dhabi Commercial Bank closes representative offices in London, Singapore". Zawya.com.
  5. ^ "Shares in ADCB, UNB, ADIB suspended after bank merger speculation". ArabianBusiness. Reuters.
  6. ^ "Abu Dhabi's three-way banking merger likely in 2019 first quarter". Gulf News.
  7. ^ "Proposed bank merger in Abu Dhabi could lead to 1,000 job cuts - report". Gulf Business. 2018-12-24.
  8. ^ "UAE banks ADCB and UNB agree on merger and takeover of Al Hilal". The National.
  9. ^ John, Issac. "ADCB, UNB, Al Hilal merge to form Dh420 billion bank". Khaleej Times.
  10. ^ Mughal, Waqar. "Abu Dhabi Commercial Bank (ADCB)". Forbes Lists. Retrieved 2026-05-03.
  11. ^ Mughal, Waqar. "Abu Dhabi Commercial Bank (ADCB)". Forbes Lists. Retrieved 2026-05-04.
  12. ^ Mounir, Hossam (2025-02-16). "Sustainability, Green Finance Among Key Strategic Pillars of Abu Dhabi Commercial Bank – Egypt: CEO". Daily News Egypt.

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