Important information
Ensuring our continued support
during COVID-19
Our services at a glance
Wealth ManagementA wealth management proposition that is truly exceptional
Our range of services is designed to serve all of your banking needs including holistic financial strategies, tailored lending solutions and succession planning solutions.
Tailored LendingA tailored lending service that enhances liquidity and flexibility.
Our bespoke programme is designed to accommodate your needs and risk profile across the credit spectrum. This includes tailored solutions with multiple and complex collaterals, strategic debt provision with collateralised loans and other private financing solutions.
Everyday BankingGain access to a wide range of conventional and Islamic Banking solutions.
Our solutions include a variety of current and savings account with debit and credit cards powered with the latest technology that offers increased security at all times. Every product is accessible through our award-winning online and mobile banking platforms.
Lifestyle SolutionsA lifestyle of privilege
ADCB Private Banking is committed to giving you unrivalled service including your own Private Concierge through our partner Quintessentially Lifestyle.
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Transparent Banking
We always share key information with you from the start, so you are never faced with unexpected fees or charges.
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Service Promise
Create the right blend of investment opportunities to safeguard your peace of mind
News
Press Release
ADCB PJSC reports Q3’20 net profit of AED 1.366 billion, 9M’20 net profit of AED 2.802 billion
Economic Research
Global Data Watch
US: Daily COVID-19 cases record new high ahead of elections. COVID-19 cases are rising sharply in the US, with new daily infections above 83K on Friday and Saturday – the highest recorded daily cases so far.
Economic Research
Global Data Watch
US: Final presidential debate to be in focus. Global markets’ focus will remain on three areas: i) the second wave of COVID- 19 cases internationally and the economic impact of localised lockdowns; ii) political developments in the US and the UK; and iii) the potential response from governments and central banks in the event of protracted localised lockdown measures.
Economic Research
Global Data Watch
US: Fiscal stimulus package looks unlikely before elections. Consensus now believes the likelihood of additional fiscal stimulus before the presidential election has declined...
Economic Research
Global Data Watch
US: Trump’s health and polls to be watched closely. Risk-off sentiment gathered pace at the end of last week after US President Donald Trump tested positive for COVID-19.
Economic Research
Global Data Watch
US: Economy expected to have added 850K jobs in September. All eyes will be on the first presidential debate between incumbent Donald Trump and opponent Joe Biden, which will be held on 29 September.
Economic Research
Global Data Watch
Global: Fed Chair Powell to testify before Congress. Near-term risks to the global recovery remain, with COVID-19 cases seeing a sharp rise again in a number of countries, including the UK, Spain and France. Political uncertainties also remain ahead of the US presidential election and the end of the Brexit transition period.
Economic Research
Global Data Watch
Global: Fed, BoE and BoJ to remain on hold. Global growth recovery concerns persist amidst mixed data releases and rising COVID-19 cases. Global COVID-19 new daily infections rose to a 55-day high of 330.6K on Saturday, from 266K on Friday.
Economic Research
Global Data Watch
Global: Political developments to be in focus. Incoming economic data from the US, including labour market reports (page4) and the ISM manufacturing index, continue to point to an ongoing recovery from the pandemic.
Economic Research
Global Data Watch
US: August NFP data expected to show further recovery. Fed Chair Jerome Powell announced during his Jackson Hole speech that the FOMC will shift its policy-setting framework to an average inflation-targeting regime.
Press Release
2 winners receive 1 Million dirhams each in ADCB Islamic banking’s monthly prize draw
Economic Research
Global Data Watch
US: New fiscal stimulus looks unlikely until September. Macroeconomic data released last week showed that the economic recovery in the US continued in July, with better-than-expected core retail sales, CPI inflation (page 3) and weekly initial jobless claims.
Press Release
ADCB announcement regarding uncollected cash dividends by ADCB / former UNB shareholders
Economic Research
Global Data Watch
US: Trump signs executive orders to provide economic stimulus. Incoming data from the US continues to surprise to the upside, with both July nonfarm payrolls (page 2) and ISM manufacturing beating consensus estimates.
Economic Research
Global Data Watch
US: Hiring activity forecast to slow in July. All eyes this week will be on the US fiscal stimulus negotiations and the July nonfarm payrolls report.
Economic Research
Global Data Watch
US: Awaiting additional fiscal stimulus plan details. Sentiment at the end of last week was dampened by US-China tensions, with concerns rising over a potential escalation.
Press Release
ADCB PJSC reports Q2’20 net profit of AED 1.227 billion, H1’20 net profit of AED 1.436 billion
Economic Research
Global Data Watch
Global: UK retail sales and PMI data in focus. The market’s focus this week will be on high-frequency data to gauge the pace of economic recovery from COVID-19.
Economic Research
Global Data Watch
Eurozone: ECB expected to be on hold with wait-and-see stance. We and the consensus expect the ECB to maintain a steady policy at its 16 July meeting...
Press Release
Abu Dhabi Commercial Bank Honored For Best Homepage Website In The 24th Annual Webby Awards
Economic Research
Global Data Watch
Global: UK Chancellor Sunak may announce new fiscal stimulus. The risk-on sentiment prevailed in global equity markets last week due to the better-than-expected economic data, including US non-farm payrolls (page 2), ISM manufacturing index (page 3) and Eurozone unemployment rate.
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