Abu Dhabi Commercial Bank

ADCB, headquartered in Abu Dhabi in the United Arab Emirates (UAE), is a diversified full-service bank. It was founded in 1985 and as of 30 June 2014 employed over 4,300 people of 61 nationalities, serving over 561,000 retail customers and approximately 43,000 corporate and SME clients in 50 branches, 3 pay offices and 2 branches in India, 1 branch in Jersey and a representative office in London.  As at 30 June 2014, ADCB’s total assets were AED 198 bn.

 

ADCB is a full-service commercial bank which offers a wide range of products and services such as retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate and currency derivatives and Islamic products, project finance and property management services.

 

ADCB is owned 60.2% by the Government of Abu Dhabi (Abu Dhabi Investment Council - 58.08% and Abu Dhabi Government Entity - 2.07%). Its shares are traded on the Abu Dhabi Securities Exchange.  As at 30 June 2014, ADCB’s market capitalisation was AED 37 bnOur vision is to be the number one Bank of choice in the UAE. A constantly innovating, financially successful organisation of the highest integrity, respected by our customers, by our competitors and by the community. 

 

Our mission is to build a lifelong partnership with our customers by treating every customer as an individual, offering innovative products and unparalleled service and always remembering that our customer has a choice.

Our strategy for 2012–2016 features:

  • growth through a UAE-centric approach and controlled ‘internationalisation’;
  • sustainability through liability growth;
  • maintaining a culture of service excellence and efficiency;
  • managing ADCB’s risks in line with a predefined risk strategy;
  • attracting, developing, and retaining the best talent, with incentives aligned with the Bank’s strategic objectives.
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The Abu Dhabi Government’s Vision for the next 17 years focuses on supporting the Emirate’s transformation from an oil-based economy to a diversified, knowledge-based economy. This longterm plan emphasises sustainable growth and supports a socially, environmentally and economically sustainable outcome.

As one of the leading banks in the Country, ADCB recognises the importance of supporting this forwardlooking Vision and is proud to be contributing to the Abu Dhabi Economic Vision 2030 in a number of ways:

  • economic diversification;
  • developing local talent;
  • job creation;
  • supporting local businesses.

2011 sustainability report: http://www.adcb.com/images/ADCB_Sustainability_Report.pdf 

2012 sustainability report: https://www.adsg.ae/membership/Documents/ADCB/ADCB_Sustainability_Report_2012.pdf

2013 sustainability report: http://www.adcb.com/arabic/images/ADCB_Sustainability_Report_2013_tcm10-38250.pdf

 

Corporate Governance webpage:

http://www.adcb.com/about/corpgovernance/overview.asp

 

Contact information:

http://www.adcb.com/about/corpgovernance/potr/cntinfo.asp

Tel : 800 2030 / +971 2 6210090

 

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