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Abu Dhabi Islamic Bank was established on 20 May 1997 as a Public Joint Stock Company through the Amiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11 November 1998, and was formally inaugurated by Abdullah Bin Zayed Al Nahyan, UAE Minister of Information and Culture on 18 April 1999.
ADCB is the third-largest bank in the UAE in terms of balance sheet size and offers a range of commercial and retail banking services to its customers. As of 30 September 2018, it employs over 5000 people serving retail and corporate clients. Aside from 56 branches in the UAE, it had 1 branch in Jersey until October 2020. [2]
Bank Name [1] Bank name (in Arabic) Headquarters Stock code (if applicable) [2] [3] Abu Dhabi Commercial Bank: بنك أبوظبي التجاري: Abu Dhabi: ADX: ADCB: Abu Dhabi Islamic Bank
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Founded. June 19, 2008 as Al Hilal Bank[1] Headquarters. Abu Dhabi, UAE. Key people. Mr. Abdul Shakeel Aidroos CEO. Website. alhilalbank.ae. Al Hilal Bank (Arabic: مصرف الهلال), Established in 2007, Al Hilal Bank is an Islamic bank headquartered in Abu Dhabi (UAE) offering Shari’ah compliant retail banking, and wealth management.
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