Abu Dhabi Commercial Bank
Abu Dhabi-headquartered bank listed on the Abu Dhabi Securities Exchange, combined with Union National Bank and Al Hilal Bank in 2019, reporting AED 11.445 billion net profit for 2025.
Industry: Banking | Location: Abu Dhabi, United Arab Emirates | Founded: 1985
About Abu Dhabi Commercial Bank
Abu Dhabi Commercial Bank (ADCB) is a UAE bank headquartered in Abu Dhabi and listed on the Abu Dhabi Securities Exchange. It was formed in 1985 as a public shareholding company through the merger of Emirates Commercial Bank, Federal Commercial Bank and Khaleej Commercial Bank, the last of which dates to 1975. The Government of Abu Dhabi is the majority shareholder; published sources give differing percentages and holding vehicles, so no precise figure is stated here. The bank's current shape comes from a three-way combination completed in 2019. The merger with Union National Bank became legally effective on 1 May 2019, and Al Hilal Bank was acquired on the same date. Branch consolidation was completed in October 2019, giving customers a network of 72 branches and more than 450 ATMs across the UAE. According to ADCB, the full integration was finished within 11 months, less than half the originally expected time. Al Hilal Bank continues as the group's Islamic banking arm, and Ala'a Eraiqat chairs it. In 2025 Jamal Al Awadhi was named its chief executive, and Eraiqat said at the time that his leadership would be critical to the bank's digital-first strategy. ADCB has trimmed its international footprint in recent years. It closed representative offices in London and Singapore and its Jersey branch around 2020. Its main foreign subsidiary is ADCB Egypt, established in 2020 after the acquisition of Union National Bank - Egypt, which a 2025 source puts at about 50 branches. A 2024 member profile also lists corporate branches in Kazakhstan and a planned branch in Saudi Arabia. Ala'a Eraiqat has been Group Chief Executive Officer since February 2009. He joined the bank in 2004 after senior roles at international lenders. In a May 2026 profile, Gulf Business reported that he credited the bank's results to execution of its five-year strategy and efficiency gains from digital and AI-powered transformation. For 2025, ADCB reported record net profit after tax of AED 11.445 billion, up 22 percent year on year, with profit before tax of AED 12.843 billion. Operating income rose 14 percent to AED 22.183 billion and the cost-to-income ratio fell to 28.2 percent. Return on average equity was 15.3 percent, compared with 13.5 percent a year earlier. Total assets reached about AED 774 billion according to WAM and Gulf News, net loans were AED 406 billion and customer deposits AED 500 billion. The board recommended a cash dividend of AED 0.63 per share, a total payout of AED 4.985 billion, equal to 44 percent of net profit, subject to approvals.
Leadership
- Ala'a Eraiqat, Group Chief Executive Officer
- Jamal Al Awadhi, Chief Executive Officer, Al Hilal Bank
- Saeed Mohamed Hamad Al Mazrouei, Chair, Board Executive Committee
- Fatima Al Nuaimi, Chair, Board Risk Committee
- Carlos Obeid, Chair, Board Audit Committee