Abu Dhabi Commercial Bank P.J.S.C.

Abu Dhabi Commercial Bank Building
Salam Street
Abu Dhabi
United Arab Emirates
Fax: 971-2-6450384
www.adcb.com


No. employees: 2,546
Turnover: 1,620.14 (US$m)
Financial year end: December

Company Overview

Abu Dhabi Commercial Bank (ADCB) is a United Arab Emirates based commercial banking company. ADCB is principally engaged in retail, commercial, investment banking activities. The company provides deposit accounts, loan products, debit cards, credit cards, investment services and NRI services for personal customers. It also provides financing facilities, cash management, trade services and treasury and investment services to business customers. ADCB operates through its network of 40 full service branches in the UAE and two branches in India, its subsidiaries and joint ventures. The company conducts its business operations through two reportable segments namely, Commercial Banking and Investment Banking. The company is headquartered in Abu Dhabi in United Arab Emirates.

The bank reported interest income of (Untd. Arab Dirham) AED 5,945.91 million during the fiscal year ended December 2008, a decrease of 0.77% from 2007. The net interest income after loan loss provision of the bank was AED 1,750.04 million during the fiscal year 2008, a decrease of 18.42% from 2007. The net profit of the bank was AED 1,236.59 million during the fiscal year 2008, a decrease of 37.78% from 2007.

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Abu Dhabi Commercial Bank - Financial and Strategic Analysis Review

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