- Abu Dhabi Commercial Bank was incorporated in the Emirate of Abu Dhabi in July 1985, with the merger of the Khalij Commercial Bank, the Emirates Commercial Bank and the Federal Commercial Bank.
- ADCB is one of the largest UAE National Banks.
- The Government of Abu Dhabi holds 64% of the paid up capital and the balance is held by prominent UAE Institutions and nationals.
- ADCB has the largest network of branches in the UAE and also a strong base of operations in India.
In India, ADCB has set new standards in banking- with its unique customer-oriented service and friendly banking atmosphere. ADCB have won the patronage of a wide variety of individuals, professional and business clientele, in addition to a growing following of NRIs - among whom they enjoy a very good reputation.
Highlights of Indian operations:
- Apart from the United Arab Emirates, India is the only country in which ADCB operates.
- Operations in India have been very successful. ADCB’s first branch in India is located in the metropolis of Mumbai. It boasts of more than 14,000 clients.
- Besides the Mumbai branch and the Indian Liaison offices that generate profitable business, they have recently opened a new branch in Bangalore - the upcoming industrial centre in South, often called the "Silicon Valley of India".
Services Offered
· NRI Banking
· Corporate Banking
· Depository Services
· Mobile Banking
· Loans
· Foreign Exchange Facilities ( Private travel, International Credit Cards, Protfoli Investment – Overseas, Short Term Credit to Overseas Offices of Indian Companies etc.. )
· ADCB INVESTLINK ( unique Service offered to NRI Customers )
Annual Report for 2008 -2009 can be found at the below link ( this report is for the parent company based out of Abu Dhabi )
http://www.adcb.com/Images/annual2008_eng_tcm7-8210.pdf ( consolidated Balance sheet and income statement on pg no. 17 )
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