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Congratulations to SUMAYA A. M. BAWAZIR
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Service Promise
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News
See AllPress Release
ADCB named as the UAE’s "Market Leader" and “Best Service Provider” in Cash Management by Euromoney
Abu Dhabi Commercial Bank (ADCB) announced that it has been named as the “Best Service Provider and Market Leader in the UAE” by the Euromoney Cash Management Survey 2019.
Economic Research
Global Data Watch
US: Core PCE inflation likely to remain steady at 1.7% y-o-y. The US will dominate the key data releases this week with core PCE inflation, the second estimate of 3Q GDP and durable goods orders.
Economic Research
Global Data Watch
US: October FOMC minutes to reaffirm steady rate outlook. The FOMC’s October meeting minutes (due 20 November) will be the key release from the US this week.
Press Release
ADNOC Distribution partners with ADCB for Virtual Accounts
ADNOC will have better control of Account Receivables through ADCB’s Virtual Accounts
Press Release
ADCB launches Islamic Etihad Guest Visa Covered Card and enhances Etihad Guest Visa Credit Card with lucrative rewards
Etihad Guest, the award-winning loyalty...
Economic Research
Global Data Watch
US: Powell's testimony to Congress is key event. The upcoming week will be important, with a number of key data releases (CPI inflation and retail sales) due, along with Fed Chair Jerome Powell's testimony to the Joint Economic Committee (13 November) and the House Budget Committee (14 November).
Economic Research
Global Data Watch
UK: BoE expected to remain on hold with dovish tone. We and the consensus expect the BoE to keep interest rates steady at its 7 November meeting.
News
Abu Dhabi Commercial Bank PJSC Reports Nine-Month Pro Forma Net Profit of AED 4.196 Billion
Abu Dhabi, 27 October 2019 – Abu Dhabi Commercial Bank PJSC (“ADCB” or the “Bank”) today reported its ninemonth financial results for 2019 (“9M’19”).
Economic Research
Global Data Watch
US: FOMC guidance to be watched closely for any changes We and the consensus expect the Fed to cut the FFTR by another 25 bps in October, taking the range down to 1.50-1.75%.
Economic Research
Global Data Watch
Global: UK parliamentary votes to decide on Brexit proceedings The deadlock in the UK Parliament continues, with the government losing another crucial vote on the Letwin amendment on Saturday (306 votes to 322).
Press Release
ADCB partners with Emaratech to extend their digital footprint in the payment domain
ADCB today announced its partnership with emaratech, a leading payment gateway and financial service provider in the UAE.
Economic Research
Global Data Watch
Global: US and China agree in principle to partial trade deal. Risk-on sentiment gathered momentum in the global markets at the end of last week, following positive developments in the US-China trade talks and Brexit negotiations.
Economic Research
Global Data Watch
Global: Recession fears dominate after weak US data. Global growth fears resurfaced last week following the release of weak manufacturing PMI data and the announcement of US tariffs on some EU goods.
Press Release
Trade Club Alliance
Global financial leaders to launch digital platform to tackle international trade barriers and help businesses grow
Economic Research
Global Data Watch
India: RBI expected to cut benchmark rate by 40 bps. We expect the RBI to cut its benchmark repo rate by a further 40 bps to 5% at its 4 October meeting, with a dovish tone.
Economic Research
Global Data Watch
Global: Central banks pursue monetary easing in September. The central bank rate cutting cycle has continued in September with the Fed, ECB and CBRT lowering their benchmark rates.
Economic Research
Global Data Watch
US: Fed's forward guidance and 'dot-plot' projections in focus. The Fed is widely expected to lower the FFTR by 25 bps to 1.75-2.0% at its 17- 18 September meeting.
Economic Research
Global Data Watch
Eurozone: ECB expected to cut, though doubts remain over QE. The ECB is widely expected to announce a monetary stimulus package at its 12 September.
Press Release
ADCB launches real time Blockchain trade finance for customers
Abu Dhabi, 4 September 2019 – Abu Dhabi Commercial Bank (ADCB) has digitised trade finance for its customers using the Singapore-based dltledgers Blockchain platform.
Economic Research
Global Data Watch
UK: Critical week ahead for Brexit. No-deal Brexit concerns have ratcheted up after UK Prime Minister Boris Johnson decided to prorogue Parliament for five weeks beginning in mid-September, potentially around 9 September.
Economic Research
Global Data Watch
Global: Sentiment deteriorateswith escalation oftrade warRising trade tensions and heightened global growth uncertainties continue to dominate headlines and market sentiment.
Economic Research
Global Data Watch
Global: Sentiment weak amid rising recession concerns Fears of a global recession have heightened and are dominating market sentiment amid a deteriorating global growth backdrop, elevated trade tensions between the US and China, concerns over an Argentine default, and the Hong Kong protests.
Press Release
Abu Dhabi Commercial Bank Partners with Silicon Valley’s Plug and Play to Join Global Ecosystem of Financial institutions
4th August 2019 - Abu Dhabi Commercial Bank (ADCB) has announced its partnership with Plug and Play, the largest global innovation platform headquartered in Silicon Valley, and Abu Dhabi Global Market (ADGM), the award-winning international financial centre in Abu Dhabi.
Press Release
Abu Dhabi Commercial Bank PJSC Reports First Half 2019 Pro-Forma Net Profit of AED 2.782 Billion
28 July 2019 - Abu Dhabi Commercial Bank PJSC Reports First Half 2019 Pro-Forma Net Profit of AED 2.782 Billion
Press Release
ADCB, UNB and Al Hilal Bank have merged to create the ADCB Group, a powerful new force in the UAE banking sector
01 May 2019 - ADCB, UNB and Al Hilal Bank have merged to create the ADCB Group, a powerful new force in the UAE banking sector
Economic Research
Global Data Watch
29 July 2019 -US: Fed to cut with dovish tilt; forward guidance key. The Fed is widely expected to lower the FFTR by 25 bps to 2.0-2.25% at its 30-31 July meeting, albeit with a split vote.
Press Release
ADCB Provides Credit Card Holders More Flexibility with New Card Control Service
27 March 2019 - ADCB Provides Credit Card Holders More Flexibility with New Card Control Service
Press Release
ADCB Hayyak - The new app from ADCB that offers instant account opening.
18 February 2019 - ADCB Hayyak - The new app from ADCB that offers instant account opening.
Investor Relations
Abu Dhabi Commercial Bank PJSC Reports Full year 2018 Net Profit of AED 4.840 Billion
29 January 2019 - Abu Dhabi Commercial Bank PJSC Reports Full year 2018 Net Profit of AED 4.840 Billion
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