Company Abu Dhabi Commercial Bank

Equities

ADCB

AEA000201011

Banks

Market Closed - Abu Dhabi Securities Exchange 06:55:10 2024-03-28 am EDT 5-day change 1st Jan Change
8.4 AED +1.45% Intraday chart for Abu Dhabi Commercial Bank +0.48% -8.50%

Business Summary

Abu Dhabi Commercial Bank PJSC (ADCB) is a United Arab Emirates-based bank, engaged in the business of retail banking, commercial banking and Islamic banking and the provision of other financial services. The Bank operates in three segments which include, Wholesale banking, Property management, Investments and treasury. Wholesale banking segment comprises of business banking, cash management, trade finance, corporate finance, small and medium enterprise financing, investment banking, Islamic financing, infrastructure and asset finance, government and public enterprises. Property management segment comprises of real estate management and engineering service operations of subsidiaries and rental income earned from properties of the Group. Investment and treasury comprises of central treasury operations, management of the Group's investment portfolio and interest rate, currency and commodity derivative portfolio and Islamic financing.

Number of employees: 5,000

Sales per Business

AED in Million2022Weight2023Weight Delta
Corporate and Investment
68.1 %
6,167 43.0 % 11,487 68.1 % +86.26%
Retail Banking
23.3 %
3,748 26.1 % 3,929 23.3 % +4.83%
Private Banking
12.2 %
2,549 17.8 % 2,054 12.2 % -19.42%
Investments and Treasury
-5.5 %
1,572 11.0 % -926 -5.5 % -158.92%
Property Management
1.9 %
308 2.2 % 322 1.9 % +4.53%

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
95.9 %
13,581 94.7 % 16,170 95.9 % +19.07%
International
4.1 %
763 5.3 % 696 4.1 % -8.82%

Managers

Managers TitleAgeSince
Chief Executive Officer - 03-12-31
Director of Finance/CFO - 07-12-31
Compliance Officer - 05-12-31
Chief Operating Officer - 19-11-30
Investor Relations Contact - -
Treasurer - 22-12-31
General Counsel - -
Corporate Officer/Principal - 16-12-31
Corporate Officer/Principal - 19-11-30
General Counsel - 10-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 60 18-12-31
Director/Board Member - 12-03-31
Chief Executive Officer - 03-12-31
Director/Board Member - -
Director/Board Member - 09-02-28
Director/Board Member - 09-02-28
Director/Board Member 44 22-02-28
Director/Board Member - 13-04-02
Director/Board Member - 20-12-31
Director/Board Member - 22-02-28

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 7,319,947,000 2,911,323,391 ( 39.77 %) 0 39.77 %

Shareholders

NameEquities%Valuation
Abu Dhabi Investment Council (Investment Company)
60.20 %
4,406,878,938 60.20 % 10 283 M AED
Goldman Sachs Asset Management International
0.1525 %
11,159,474 0.1525 % 26 M AED
State Street Global Advisors Ltd.
0.1247 %
9,129,075 0.1247 % 21 M AED
BlackRock International Ltd.
0.0835 %
6,109,145 0.0835 % 14 M AED
Sjunde AP-fonden
0.0830 %
6,076,413 0.0830 % 14 M AED
Northern Trust Fund Managers (Ireland) Ltd.
0.0687 %
5,031,718 0.0687 % 12 M AED
Abu Dhabi Commercial Bank PJSC (Investment Management)
0.0641 %
4,695,272 0.0641 % 11 M AED
Nordea Investment Funds SA
0.0579 %
4,234,760 0.0579 % 10 M AED
Nordea Investment Management AB
0.0491 %
3,591,464 0.0491 % 8 M AED
SEI Investments (Europe) Ltd.
0.0484 %
3,540,357 0.0484 % 8 M AED

Company contact information

Abu Dhabi Commercial Bank

Abu Dhabi Commercial Bank Building Sheikh Zayed Bin Sultan Street

, Abu Dhabi

+971 2 6962222

http://www.adcb.com
address Abu Dhabi Commercial Bank(ADCB)

Group companies

NameCategory and Sector
ADCB Finance (Cayman) Ltd.
Finance/Rental/Leasing
Regional Banks
ADCB Securities
ADCB Markets (Cayman) Ltd.
Financial Conglomerates