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Abu Dhabi Commercial Bank News is an EIN News Service for banking industry professionals. Constantly updated news and information about banking.
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Latest Abu Dhabi Commercial Bank News

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  • A question of pitch 23 Nov 2009 21:16 GMT
    ... Creek, among other happy wanderings in the city. Then there’s the eye-catching campaign from Abu Dhabi Commercial Bank, which has stamped its mark along several of the UAE’s highways with billboards telling ...

  • UUPDATE 1-UAE's First Gulf Bank completes $500 mln bond sale 19 Nov 2009 15:44 GMT
    ... came to the market with $850 million in 5-year bonds. [ID:nL4523149] The following month, Abu Dhabi Commercial Bank ADCB.AD announced a dollar denominated $1 billion issue. [ID:nN01490082] FGB reported a 9.4 percent ...

  • Algosaibi, Saad Group owe UAE banks $2.9bn 19 Nov 2009 21:37 GMT
    ... Plc in Amman, Jordan, according to the documents. The UAE’s third-largest bank by assets, Abu Dhabi Commercial Bank PJSC, is owed a combined 2.24bn dirhams ($610mn) by the two groups, according to ...

  • UAE banks see 2.9 billion dollars at risk with two Saudi firms 20 Nov 2009 03:11 GMT
    ... Emirates, froze the assets of the Saad Group and its partners, in favour of Abu Dhabi Commercial Bank, which was owed money. (dpa) ...

  • Local loans to Saudi groups total $2.9bn 19 Nov 2009 15:59 GMT
    ... Islands and the Gulf. Several local banks have already disclosed their exposures to investors. Abu Dhabi Commercial Bank is owed a total of $609m by the groups, while Mashreqbank is owed about ...

  • Emirates NBD faces $350 mln Saudi exposure 22 Nov 2009 13:15 GMT
    ... declined to give a more specific number. Other banks in the UAE such as Abu Dhabi Commercial Bank and Mashreq have said their exposure amounts to $609 million and $400 million respectively. ...

  • Emirates NBD faces $350 mln Saudi exposure -CEO 22 Nov 2009 12:00 GMT
    ... declined to give a more specific number. Other banks in the UAE such as Abu Dhabi Commercial Bank ADCB.AD and Mashreq MASB.DU have said their exposure amounts to $609 million and $400 ...

  • AME Info, Abu Dhabi, United Arab Emirates, banking briefs 16 Nov 2009 19:54 GMT
    ... said in its ruling on Thursday that assets will be frozen in favour of Abu Dhabi Commercial Bank, which include money deposited in banks operating in the UAE, assets and properties located ...

  • Dubailand builder eyes Jeddah 15 Nov 2009 13:11 GMT
    ... financed by the Zaal family, with minority investments by Abu Dhabi Islamic Bank and Abu Dhabi Commercial Bank. At a time when many developers are scaling back, Mr Zaal said he wanted ...

  • ADCB adopts international best-practice governance 15 Nov 2009 12:56 GMT
    ... Last Updated: November 15. 2009 4:23PM UAE / November 15. 2009 12:23PM GMT Abu Dhabi Commercial Bank (ADCB) decided two years ago to take what must have seemed a big step ...

  • GCC equity funds continue upward trend 15 Nov 2009 09:50 GMT
    ... registered the best performance of the quarter, increasing 34.77%. This Emirati-domiciled fund, managed by Abu Dhabi Commercial Bank, benefited from the positive return of the Emirati markets. Its investment strategy consists of ...

  • Katherine Koshetz, Oliver Price 15 Nov 2009 03:35 GMT
    ... real estate company. His father retired as head of the credit group for the Abu Dhabi Commercial Bank in the United Arab Emirates. A version of this article appeared in print on ...


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