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Now available. Shares in Abu Dhabi's brightest bank.

Abu Dhabi Commercial Bank is one of the UAE's most successful local banks. Over the last two years, the net profits for ADCB have grown by 233%, while the share price has risen by 362%. In a recent EGM, a motion was approved to open up 25% of ADCB's stock to foreign ownership. In addition, the following resolutions were also passed and have been subsequently implemented:

  • Double capital, increasing shareholders funds to USD 2.21 Billion (AED 8.1 Billion)

  • A 10:1 share split

  • Stock dividend for shareholders of 33%, 500 million shares

ADCB has also recently been rated Aa3 by Moody's Investors Service for its Euro Medium Term Note programme. This is the highest rating given to any instrument from a bank in the Middle East.

And this is just the beginning. So, if you're an institutional investor looking to invest in a thriving economy, look no further than ADCB.


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Al Nokhitha Fund NAV as of 19/11/2008 is AED 4.873 up 0.615 % from 18/11/2008

ADCB MSCI UAE Index Fund NAV as of 19/11/2008 is AED 4.303 up 1.749 % from 18/11/2008

ADCB MSCI Arabian Markets Fund NAV as of 19/11/2008 is USD 4.552 up 0.582 % from 18/11/2008

Al Basha'er Fund NAV as of 30/09/2008 is USD 11.518378 down 12.825 % from 31/08/2008