Sunday 20 April 2014
 
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ADCB

ADCB launches simplified personal loans

Abu Dhabi Commercial Bank (ADCB) has launched ‘SimplyLife,’ a consumer finance brand specialising in simple, quick and accessible personal finance products.   SimplyLife offers a simple application pr

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Two Abu Dhabi banks vie for Barclays UAE retail ops

Two Abu Dhabi lenders have emerged as frontrunners to buy most of Barclays' retail banking operations in the UAE, with a final decision expected next month after a competitive bidding process, banking sources said on Wednesday.

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ADCB to buy back 3pc of its shares

Abu Dhabi Commercial Bank (ADCB) plans to buy back a further three per cent of its shares this year, as it seeks to enhance its stock value, its chief executive said.   The emirate's third-largest lender by m

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ADCB Q4 net jumps 40pc, beats estimates

Abu Dhabi Commercial Bank (ADCB) said on Sunday its fourth-quarter net profit rose 40 per  cent to Dh879 million ($237 million) from Dh628 million a year ago. Five analysts polled by Reuters had expected the bank on average t

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ADCB net profit jumps 47pc in Q3

Abu Dhabi Commercial Bank (ADCB) reported a 47 per cent rise in third-quarter net profit on Wednesday, beating analysts' expectations, because of an increase in net interest income and lower provisions. The bank posted a net p

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ADCB picks Deutsche Bank financial app

Deutsche Bank and Abu Dhabi Commercial Bank (ADCB) have signed a Memorandum of Understanding to use Deutsche Bank’s Autobahn App Market, the first App-based electronic offering for clients in the financial industry. With 165

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ADCB goes live with new loan management system

Abu Dhabi Commercial Bank (ADCB) has gone live with Polaris Financial Technology’s Intellect Loan Management System (LMS). The Intellect product will cater to the bank’s consumer lending product portfolio, and will han

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ADCB goes live with new loan management system

Abu Dhabi Commercial Bank (ADCB) has gone live with Polaris Financial Technology’s Intellect Loan Management System (LMS). The Intellect product will cater to the bank’s consumer lending product portfolio, and will han

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ADCB net profit up 25pc in Q2

Abu Dhabi Commercial Bank (ADCB) reported a 25 per cent rise in second-quarter net profit on Tuesday, beating analysts' forecasts. The UAE's third-largest lender by market value, posted a net profit of Dh917 million ($249.

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ADCB buys back $103m shares

Abu Dhabi Commercial Bank, the UAE's third-largest lender by market value, has bought back shares worth Dh377.2 million ($102.7 million), the latest stock buyback by the state-owned lender. In total, 77.6 million shares - repr

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