important-information
Ensuring our continued support
during COVID-19
Millionaire Savings Accounts We are giving away AED 26 million in prize money this year
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ADCB Islamic Banking offers you a host of accounts customised to meet your daily and long-term needs.
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Successful unification of our banking systems
We have successfully completed the unification of our banking systems
Latest winners
See All WinnersMillionare Destiny Savings Account Winner of AED 1 Million
Congratulations to NOORA I. SAEED
See all recent winnersEmirati Millionaire Savings Account Winner of AED 1 Million
Congratulations to MOHAMED M. J. AL FALAHI
See all recent winners
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Transparent Banking
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Service Promise
Our goal is to provide you with an outstanding banking experience, so we guarantee to address your service request within three working days.
News
Economic Research
Global Data Watch
US: New COVID-19 cases and NFP data to be scrutinised closely. Labour market data will be in focus this week to gauge the pace of recovery, especially amidst the increase in new COVID-19 infections.
Economic Research
Global Data Watch
Global: US Personal spending data to rebound in May. Sentiment has continued to oscillate, swinging in a positive direction due to the ongoing reopening of economies and central banks’ policy support, but swinging back the other way due to concerns over COVID-19 cases increasing.
Economic Research
Global Data Watch
US: Fed’s Powell testifies to Congress; retail sales data due. Renewed fears over the impact of COVID-19 on global growth resulted in a return of risk-off sentiment last week.
Economic Research
Global Data Watch
Global: Positive sentiment continuing to build. Global risk-on sentiment continued to gather pace last week with the positive surprise in US jobs growth in May...
Economic Research
Global Data Watch
US: Unemployment rate forecast to rise to 19.6% in May. Global sentiment continues to strengthen as more countries start reducing social distancing measures and gradually re-open.
Press Release
ADCB recognized at “The Innovators 2020’’ for its Cash and Payment Management Digital Services
Economic Research
Global Data Watch
Oil: Easing of lockdown restrictions helping to improve demand. The gradual re-opening of the global economies gathered pace last week, with data indicating that people...
Economic Research
Global Data Watch
US: Fed Chair Powell speech in focus. Fed Chair Jerome Powell will deliver a speech on current economic issues on 13 May in a webinar hosted by the Peterson Institute for International Economics.
Economic Research
Global Data Watch
US: Unemployment rate likely to rise to a record 16.0% in April. All eyes this week will be on the April labour market report to gauge the magnitude of job losses during the intense lockdown period.
Economic Research
Global Data Watch
US: Fed likely on hold; 1Q GDP data to show sharp contraction. We and consensus believe that the Fed will keep its monetary policy steady, including the FFTR at the zero lower bound...
Economic Research
Global Data Watch
Global: Focus shifts to re-opening of economies. The risk-on sentiment in the equity markets continued last week amidst the easing of mobility restrictions in some European countries and...
General
ADCB Statement on initiation of criminal proceedings in relation to NMC Health Group
ADCB confirms that it has initiated criminal legal proceeding with the Attorney General in Abu Dhabi against a number of individuals in relation to NMC Health Group.
Economic Research
Global Data Watch
Global: Faint COVID-19 optimism; shutdowns to continue. COVID-19 related uncertainty remains high despite some tentative signs of peaking infections in Italy and New York last week.
General
UK High Court appoints joint administrators for NMC Health
The High Court in the United Kingdom announced today that it has appointed joint administrators to NMC Health PLC (“NMC” or “the Company”), following an application by Abu Dhabi Commercial Bank (“ADCB” or “the Bank”).
General
ADCB Group completes complex three-bank integration to create fully unified, powerful banking...
ADCB Group completes complex three-bank integration to create fully unified, powerful banking group
Economic Research
Global Data Watch
Oil: OPEC+ emergency meeting postponed until 9 April. The Brent crude price retreated in early Asian trading today (currently at USD33.2 p/b), after rising sharply to USD34.1 p/b at the end of last week.
General
ADCB applies for appointment of joint administrators to safeguard future of NMC Health PLC
Economic Research
Global Data Watch
US: Weekly jobless claims and March NFP data in focus. Incoming data over the coming weeks and months will increasingly show the economic fallout of the COVID-19 pandemic.
Economic Research
Global Data Watch
US: COVID-19 starting to be reflected in high frequency data. Markets remain volatile and under pressure due to the ongoing rise and containment measures of COVID-19.
Economic Research
Global Data Watch
US: Fed delivers second emergency rate cut in March. In a surprise move, the Fed cut the FFTR by 100 bps taking the range to 0.0- 0.25%. Moreover, a large-scale quantitative easing (QE) programme was announced, with the Fed pledging to purchase USD500 billion in Treasuries and USD200 billion in mortgage-backed securities (MBS).
Press Release
ADCB launches digital platform to help business build global trade partnerships...
Economic Research
Global Data Watch
Global: Focus will remain on COVID-19. COVID-19 related developments will continue to drive the financial markets in the coming weeks amidst increasing fears and uncertainty over global growth.
Economic Research
Global Data Watch
Global: Growth risks rise with spread of coronavirus. Global growth risks have increased with the spread of the coronavirus, with new cases emerging around the world.
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