FOREIGN BANKS OF INDIA – ABU DHABI COMMERCIAL BANK
FOREIGN BANKS OF INDIA – ABU DHABI COMMERCIAL BANK
Abu Dhabi Commercial Bank is also commonly called ADCB. 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 Commrcial Bank through the Abu Dhabi Investment Authority (ADIA) holds 65% of ADCB shares, the remainder is held by other institutions and individuals. ADC Bank is one of the largest in the UAE in terms of shareholder funds and market capitalization.
The Bank is a United Arab Emirates-based public joint stock company that provides retail, commercial, investment, merchant, brokerage and fund management activities through its network of 49 branches in the United Arab Emirates and 2 branches in India.