Company News
Abu Dhabi Islamic Bank
Abu Dhabi Islamic Bank Signs MoU To Increase Employment Opportunities For UAE Nationals (15 August 2010)This initiative will form part of Tawteen Council’s "Derasatee Program 2010" which aims to increase the rate of Emiratisation in the public and private sectors and to build a future pipeline of UAE candidates that meet employer requirements.
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Abu Dhabi Islamic Bank Reports Q2 Net Profit Of AED 301.6 Million (19 July 2010)
Abu Dhabi Islamic Bank (ADIB) posted a record net profit of AED 301.6 million for the second quarter of 2010, an increase of 55.9% over the same period in 2009.
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Abu Dhabi Islamic Bank Unveils New Brand Identity (7 June 2010)
ADIB also introduces a new slogan that captures its commitment to provide world-class, ethical banking based on its core values, "Banking as it should be".
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Abu Dhabi Islamic Bank wins Etihad Airways cash collection mandate (16 May 2010)
Abu Dhabi Islamic Bank (ADIB), a leading regional Islamic bank, today announced that it won the cash collection mandate for Etihad Airways as part of its Cash Management range of services.
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Abu Dhabi Islamic Bank launches first 24-hour branch of country (27 December 2009)
Abu Dhabi Islamic Bank (ADIB) branch in Abu Dhabi International Airport will now be operational 24-hours and seven days a week, it was announced today.
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Abu Dhabi Islamic Bank Strengthens Risk Practices By Signing With Emcredit For Credit Information Services (23 December 2009)
"It is encouraging to see that leading Islamic banks in the UAE banking industry are setting a fine example by making risk management a strategic priority," said Ali Ibrahim, Managing Director, Emcredit.
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Abu Dhabi Islamic Bank (ADIB): Upgrading to Hold - Growth Downplays Risk (6 September 2009)
Asset quality should continue to weigh in on earnings as approximately 20% of the bank’s loan book is exposed to real estate. Additionally, the economic slowdown is impacting the quality of the corporate books as well
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Abu Dhabi Islamic Bank Demonstrates Firm Intent On developing The UAE Workforce (1 February 2009)
The tailor-made programme aims to advance the Islamic Finance Industry by developing the UAE workforce through specialized training.
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Abu Dhabi Islamic Bank Posts Third Quarter Results, Recording Record Rises (14 October 2008)
Third quarter 2008 net profit was recorded as AED 216.5 million, up 57.8% from AED 137.2 million in Q3 2007.
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Abu Dhabi Islamic Bank posts Record Half Year Profits (15 July 2008)
Second Quarter net profit was AED 276 million and this represents an increase of 53% compared to the same period in 2007, and a 13% growth on the previous quarter.
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