ADCB
|
|
Type
|
Public
|
Trade
As
|
ADX:ADCB
|
Industry
|
Banking
|
Founded
|
United
Arab Emirates
|
Headquarters
|
Abu
Dhabi, United Arab EmiratesABU DHABI U.A.E.
|
Products
|
Financial
Services
|
Owner(s)
|
MERGER
OF THREE BANKS
|
Website
|
Abu
Dhabi Commercial Bank
commonly called ADCB, is a bank in the United Arab Emirates. 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
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