Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) today reported its half year financial results for the period ended 30 June 2018 (“H1’18”).
Key highlights (30 June 2018)
Strong bottom and top line growth in an evolving operating and regulatory environment
Half year
Abu Dhabi Commercial Bank (ADCB) today announced it has become the first local bank to establish a presence in the Abu Dhabi Global Market (ADGM), the International Financial Centre (IFC) of Abu Dhabi, by opening its flagship private banking centre within the new asset management subsidiary.
ADCB is the first local bank to obtain the ADGM
AN INCREASE OF 13% QUARTER ON QUARTER, AND 9% YEAR ON YEAR
– Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) today reported its financial results for the first quarter of 2018 (“Q1’18”).
Financial highlights (31 March 2018)
Robust underlying performance
(Q1’18
A decade on since the UAE established real estate escrow laws, Abu Dhabi Commercial Bank (ADCB), one of the leading banks in the real estate escrow industry, convened a panel to discuss the favorable economic outcomes of these regulations since their introduction.
The panel, titled 'A Decade of ADCB’s Escrow Management
The fifth edition of Abu Dhabi Air Expo 2018, held under the patronage of His Highness Sheikh Hazza bin Zayed Al Nahyan, Vice Chairman of Abu Dhabi Executive Council, is all set to take flight tomorrow at Al Bateen Executive Airport, the first dedicated business aviation airport in the region.
Abdul Majeed Al Khoori, Acting CEO of Abu
