Abu Dhabi Commercial Bank
Encyclopedia
Abu Dhabi Commercial Bank , commonly called ADCB, is a bank in the United Arab Emirates
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Abu Dhabi Commercial Bank (ADCB) was formed in 1985 as a public shareholding company with limited liability, upon merger of Emirates Commercial Bank and Federal Commercial Bank with Khaleej Commercial Bank, which was established in 1975. The Government of Abu Dhabi through the Abu Dhabi Investment Authority (ADIA) holds 65% of ADCB shares, the remainder is held by other institutions and individuals. ADCB is one of the largest in the UAE in terms of shareholder funds and market capitalization
Area of Business.
The Bank is a United Arab Emirates-based public joint stock company that provides retail, commercial, investment, merchant, brokerage and fund management activities through its network of 49 branches in the United Arab Emirates and 2 branches in India .
United Arab Emirates
The United Arab Emirates, abbreviated as the UAE, or shortened to "the Emirates", is a state situated in the southeast of the Arabian Peninsula in Western Asia on the Persian Gulf, bordering Oman, and Saudi Arabia, and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar, and Iran.The UAE is a...
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Abu Dhabi Commercial Bank (ADCB) was formed in 1985 as a public shareholding company with limited liability, upon merger of Emirates Commercial Bank and Federal Commercial Bank with Khaleej Commercial Bank, which was established in 1975. The Government of Abu Dhabi through the Abu Dhabi Investment Authority (ADIA) holds 65% of ADCB shares, the remainder is held by other institutions and individuals. ADCB is one of the largest in the UAE in terms of shareholder funds and market capitalization
Area of Business.
The Bank is a United Arab Emirates-based public joint stock company that provides retail, commercial, investment, merchant, brokerage and fund management activities through its network of 49 branches in the United Arab Emirates and 2 branches in India .