Overview

Last updated 01/10/2008
Country UAE
Ownership Government
Ownership Type Listed
Organisation Type Joint-Stock
Sector | Sub sector
  • Financial Services | Commercial Banking
Date of establishment 1985
No of Employees 3,000
Address PO Box 939
Abu Dhabi, UAE Phone +971 2 696-2222
 Fax +971 2 645-0384
Website www.adcb.ae

Summary

Last updated 01/10/2008

Abu Dhabi Commercial Bank (ADCB) is a public joint stock company that provides retail, commercial, investment, merchant, brokerage and fund management activities through its network of 39 branches in the United Arab Emirates and two branches in India.

The Bank is organized into two business segments: Personal Banking, which principally provides personal accounts, loans, credit card services, bank assurance and other related Islamic banking products and services, and Business Banking, which offers financing, cash management, trade and treasury and investment services.

ADCB was formerly known as Khalij Commercial bank was incorporated in 1984. On July 1, 1985, the bank merged with Emirates Commercial Bank and Federal Commercial Bank and subsequently changed its name to Abu Dhabi Commercial Bank.

Officers

Last updated 22/04/2008
Name Job Title
Saeed Mubarak Rashed Al Hajeri Chairman
Eirvin Knox Chief Executive Officer
Ala Eraiqat Deputy Chief Executive Officer
Vijay Kasturi Chief Financial Officer

Ownership / Shareholders

Last updated 22/04/2008
Name Country Holding
Abu Dhabi Investment Council UAE 64.80%
Public n/a 22.40%
Abu Dhabi Royal Family UAE 12.80%

Affiliates

Last updated 22/04/2008
Name Country Sector Holding
Al Dhabi Brokerage Services UAE Financial Services 100.00%
Abu Dhabi Commercial Properties UAE Real Estate 100.00%
ADCB real Estate Fund UAE Financial Services 100.00%
Abu Dhabi Risk and Treasury Solutions UAE Financial Services 51.00%

Quote

Last 2.46 AED -0.01 -0.41%
Open 2.49 High/Low 2.56/2.32
Volume 11100 YR High/Low 6.18/2.06


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