ADCB <br/>At-A-Glance

ADCB
At-A-Glance

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Our staff now represents 57 different countries and speaks a multitude of languages and dialects.

ADCB is a full-service commercial bank offering 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, Islamic products, project finance, and property management services.

ADCB Strategy

1Generate sustainable profit growth through a UAE centric approach
2Sustainability through liability growth and funding diversification
3Superior customer experience through service excellence
4Effective risk taking and management in line with a predefined risk appetite
5Exploitation of digital for growth and efficiency - leveraging data analytics

Our enablers

  • Attracting and rewarding the best talent with incentives aligned to strategic objectives
  • Agile organisation and innovative culture

Ownership

62.52%

Owned by Abu Dhabi Investment Council

31 December 2018

FY'18 Key Financial Highlights

AED 280 bn

Total Assets

AED 4.840 bn

Net Profit

16.3%

Return on average equity

17.26%*

Total Capital Adequacy Ratio *Basel III

Market Share and Presence (As at 31 December 2018)

  • 10.9% market share in loans and advances (net)
  • 10.1% market share of customer deposits

Network

UAE

49 Branches
376 ATMs

India

2 Branches

Jersey

1 Branch

London & Singapore

Representative offices

Financial Strength

AED 15 bn net lender (As at 31 December 2018)

  2018*2017* 20162015 2014
Capital Adequacy ratio 17.26% 19.09% 18.92% 19.76% 21.03%
Tier 1 ratio 15.28% 15.92% 15.66% 16.29% 17.01%
* Basel III

Credit Rating

  S&P Fitch RAM
Long term A A+ AAA
Short term A-1 F1 P1
Outlook Stable Stable Stable

Earnings Highlights

Q4'18 Change %
Income statement highlights (AED mn) Q4'18 Q3'18 Q4'17 QoQ YoY
Total net interest and Islamic financing income 1,803 1,804 1,718 0 5
Non - interest income 442 490 592 (10) (25)
Operating income 2,244 2,295 2,311 (2) (3)
Operating expenses (740) (799) (800) (7) (8)
Operating profit before impairment allowances 1,505 1,496 1,511 1 0
Impairment allowances (148) (347) (441) (57) (66)
Share in profit/(loss) of associate 3 2 3 NA NA
Profit before taxation 1,359 1,151 1,072 18 27
Overseas income tax expense (2) 1 (0) NA NA
Net profit for the period 1,357 1,151 1,072 18 27

Segmental Review

For the year ended 2018

  Consumer Banking Wholesale Banking Treasury & Investments Property Management
AED mn 2018 2017 2018 2017 2018 2017 2018 2017
Net interest and Islamic financing income 3,121 3,108 2,294 1,970 1,736 1,528 68 94
Non - interest income 797 973 711 765 300 250 155 206
Operating income 3,918 4,081 3,005 2,736 2,36 1,778 222 300
  Consumer Banking Wholesale Banking Treasury & Investments Property Management
AED mn 2018 2017 2018 2017 2018 2017 2018 2017
Segment assets 72,988 76,825 115,919 110,022 90,369 77,549 554 607

2018 Awards

“Best Cash Management Bank in the UAE and Middle East”

by Global Finance

“Best affinity Card in Middle East & North Africa”

by MasterCard Leadership Forum

Ranked the 2nd in S&P/Hawkamah ESG Pan Arab Index for leadership in corporate sustainability

by Hawkamah

“Most popular Credit Card of the Year 2018”

by Souqalmal.com

“Credit Card product of the Year in Middle East”

by The Asian Banker

“Best affinity Credit Card in Middle East & Asia/Oceania”

by Freddie Awards 2018

“Best Domestic Trade Finance Bank Of The Year”

by Global Finance

“Best Trade Finance Portal Services in the UAE and Middle East”

by Global Finance

“Best Integrated Corporate Banking Site in the UAE and Middle East”

by Global Finance

“Best online Portal Services in the UAE”

by Global Finance

“Best Service Cash Management in the UAE- Non-FI”

by 2018 Euromoney Cash Management Survey

“Best Islamic Wholesale Banking Solutions”

by Global Islamic Finance Awards

“Investors in People Award 2018”

by Islamic Retail Banking Awards

“Best Trade Finance Bank in UAE”

by The Asian Banker

“Best Trade Finance Provider in UAE”

by Global Finance Award

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