ADCB inaugurates Abu Dhabi International Airport branch

Press release

Published March 6th, 2011 - 12:57 GMT

Abu Dhabi Commercial Bank

Abu Dhabi Commercial Bank announced the opening of its new branch in the Abu Dhabi International Airport. This new branch takes the total number of branches across the UAE to 48. The new branch will cater for the increasing demand in banking services from business travelers who need access to ADCB’s multiple services while flying in and out of the UAE.

To accommodate the needs of business travelers, the branch will be open 24 hours a day, 365 days a year, allowing customers fast and easy access to all products and services on offer from the Bank.

The airport branch is the latest valuable addition to ADCB's branch network endeavoring to keep pace with the international standards and trends for providing its customers with innovative customer oriented products and services.

Commenting on the branch opening, Mr. Ali Darwish, Head-Branch Network, commented:

“Abu Dhabi is a global hub for tourists and businesses alike and we believe the best location to cater for our clients’ needs are in the Abu Dhabi International Airport. The location ensures that ADCB's services and products are available and readily accessible at any time, day or night, to all of our clients whether travelling for business or pleasure.”

“Genuine efforts and hard work coupled by good planning and sound strategies enabled ADCB to position itself as a major financial institution on both international and national levels'' concluded Mr. Darwish.

Background Information

Abu Dhabi Commercial Bank

ADCB was formed in 1985 and today after integration employs over 3,350 people from over 45 nationalities, serving approximately 590,000 retail customers and over 20,000 wholesale clients. It is the third largest bank in the UAE and second largest in Abu Dhabi by assets, at AED 163.7 billion as at March 31st, 2010.

ADCB is a full-service commercial bank which offers a wide range of products and services such as retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate, currency, derivative, Islamic products, project finance and property management services.

ADCB is owned 64.8% by the Abu Dhabi Government through the Abu Dhabi Investment Council. Its shares are traded on the Abu Dhabi Securities Market.

ADCB has won the Silver class category of The Sheikh Khalifa Excellence Award (SKEA) for the finance sector in November, 2009. In February 2010, ADCB won The World Finance Corporate Governance Award for “Best Corporate Governance in the UAE” and was recently named “Best Retail Bank in the UAE and GCC 2010” by The Asian Banker magazine in March 2010.