- Credit Risk
History of events of credit defaults by entities from trading sector has generally been a discouraging factor for financial sector to engage in financing, which is a sheer opportunity loss for both the sectors as the trading sector contributes to a fairly large part of the country’s GDP. Envisioning the expected positive impact of Expo
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
Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) today reported its financial results for the year ended 31 December 2017.
Key highlights (31 December 2017)
Delivering sustainable growth and long term value for shareholders
(2017 vs. 2016)
Net profit of AED 4.278 billion was
Abu Dhabi Commercial Bank (ADCB) announces the promotion of Siddiqa Abbas as Group Chief Operations Officer for ADCB, succeeding Jerry Möllenkramer, and the appointment of Paul Keating as Group Chief Risk Officer after the retirement of Kishore Rao.
Ala’a Eraiqat, Group Chief Executive Officer and Board member, commented: