Abu Dhabi Commercial Bank PJSC (ADCB) is a leading UAE-based bank offering a comprehensive range of banking services including retail, commercial, and Islamic banking, alongside various financial services. The bank operates across three key segments:
- Wholesale Banking: Providing services like business banking, cash management, trade finance, corporate finance, and SME financing, along with investment banking and government services.
- Property Management: Involved in real estate management, engineering services, and generating rental income from the bank’s properties.
- Investments & Treasury: Handling central treasury operations, managing the bank’s investment portfolio, and overseeing interest rate, currency, and commodity derivatives, as well as Islamic financing.
ADCB was founded in 1985 following a merger between Emirates Commercial Bank, Federal Commercial Bank, and Khaleej Commercial Bank. The bank is currently the third-largest in the UAE by balance sheet size.
Ownership Structure
The Government of Abu Dhabi, through the Abu Dhabi Investment Council (ADIC), holds 62.52% of ADCB shares, while the remaining shares are held by institutions and individual investors.
Key Subsidiaries
- Union National Bank (merged in 2019)
- Al Hilal Bank (operates as a standalone Islamic bank under ADCB Group)
Branch Network
ADCB operates through 56 branches in the UAE and had an international presence with a branch in Jersey (closed in 2020), and representative offices in Singapore and London (also closed in 2020).
Merger History
In January 2019, ADCB merged with Union National Bank and Al Hilal Bank, creating a combined entity, making ADCB one of the largest banking groups in the region with 1 million customers.
Country of Incorporation
United Arab Emirates (UAE)
Incorporation Date
July 1, 1985
Business Sector
Banking & Investment Services
Company Address
Abu Dhabi Commercial Bank Building, Shk Zayed Street, P.O.Box: 939, Abu Dhabi, UAE
