ADCB <br/>At-A-Glance

ADCB
At-A-Glance

different_countries

Our staff now represents over 80 different countries and speaks a multitude of languages and dialects.

ADCB Group is a leading UAE banking group that provides over 1 million customers with a full suite of products and services, spanning Consumer Banking, Wholesale Banking, Treasury & Investments and Property Management.

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

60.20%

Owned by Abu Dhabi Investment Council

31 December 2019

2019 Key Financial Highlights

AED 405 bn

Total Assets

AED 5.2 bn

Pro-forma net profit

11.2%

Return on average tangible equity (RoATE)

16.89%*

Total Capital Adequacy Ratio *Basel III

Market Share and Presence (As at 31 December 2019)

  • 15.4% market share in loans and advances (net)
  • 14.0% market share of customer deposits

Financial Strength

AED 10 bn net lender (As at 31 December 2019)

  20142015 20162017 20182019*
Capital Adequacy ratio (%) 21.03 19.76 18.92 19.09 17.26 16.89
Tier 1 ratio 17.01 16.29 15.66 15.92 15.2815.38

Capital adequacy ratio reported in accordance with Basel III guidelines as of 31 December 2017

* The consolidated balance sheet as at 31 December 2019 comprises of ADCB (including its subsidiaries), UNB (including its subsidiaries) and AHB (including its subsidiaries) while the comparatives are of ADCB only.

Credit Rating

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

Earnings Highlights

Q4'19 Change %
Income statement highlights (AED mn) Q4'19 Q3'19 Q4'18 QoQ YoY
Total net interest and Islamic financing income 2,711 2,522 2,766 7 (2)
Non - interest income 583 749 444 (22) 31
Operating income 3,293 3,272 3,210 1 3
Operating expenses (1,285) (1,279) (1,314) 0 (2)
Operating profit before impairment allowances 2,008 1,993 1,896 1 6
Impairment allowances (909) (572) (616) 59 48
Share in profit/(loss) of associate 10 2 3 NM NM
Overseas tax expense and loss from discontinued operations (61) (10) (38) NM 61
Net profit for the period 1,048 1,413 1,244 (26) (16)

Segmental Review

For the year ended 2019

  Consumer Banking Wholesale Banking Treasury & Investments Property Management
AED mn 2018 2019 2018 2019 2018 2019 2018 2019
Net interest and Islamic financing income 3,121 4,039 2,294 2,728 1,736 2,424 68 50
Non - interest income 797 997 711 954 300 347 155 183
Operating income 3,918 5,036 3,005 3,682 2,036 2,771 222 234
  Consumer Banking Wholesale Banking Treasury & Investments Property Management
AED mn 2018 2019 2018 2019 2018 2019 2018 2019
Segment assets 72,988 107,843 115,919 171,219 90,369 119,785 554 1,695

2019 Awards

“Best Trade Finance Provider in the UAE”

by Global Finance

“Best Trade Finance Service in the UAE”

by Euromoney

"Best Trade Finance Service in the UAE"

by Global Finance's 2019 World's Best Digital Bank Awards

“Best Service Overall and Market Leader Overall in the UAE”

by Euromoney Cash Management Survey

“Best Online Portal Services in the UAE”

by Global Finance's 2019 World's Best Digital Bank Awards

“Trade Finance Market Leader in the UAE”

by Euromoney

“UAE Domestic Trade Finance Bank of the Year”

by Asian Banking and Finance magazine’s

“Best Islamic Banking Window Award 2019, Islamic Retail Banking Awards”

by Cambridge IFA, UK

“The Middle East's Best Bank for SMEs”

by Euromoney Awards for Excellence

“The Most Recruiting Bank Award in the UAE”

by Ministry of Human Resources & Emiratisation

“The Most Vacancy Offering Bank Award in the UAE”

by Ministry of Human Resources & Emiratisation

“Best Service: Overall, Business Functions, Financial Facilities, Personnel, Service, Tech Provisions in the UAE”

by Euromoney Cash Management Survey

Related

Skyline photo of ADCB building

Board of Directors

Our distinguished Board oversees the Bank's strategic direction, risk management and governance structure.

See More... ADCB executive management meeting

Executive Management

The Banks management team drives performance and execution of our strategies.

See More...