News

News

Statement on potential merger or combination

03 September 2018

Abu Dhabi, 3 September 2018 -Following recent reports in the media, Abu Dhabi Commercial Bank announces the commencement of exploratory talks regarding a potential merger with Union National Bank.

Similar and separate discussions have also commenced with the shareholders of Al Hilal Bank.

Both sets of discussions are currently at a very preliminary stage and may not result in a transaction

ADCB is committed to the highest standards of regulatory disclosure and will update the market if and when there are any material developments

Letter to ADX - ADCB