Tag: adcb swift code
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ADCB Acquires mortgage Portfolio of Abu Dhabi Finance
Abu Dhabi Commercial Bank (ADCB), the UAE’s third-largest lender, signed an agreement to acquire the mortgage portfolio of Abu Dhabi Finance. The transaction is expected to further grow the bank’s retail and small-and-medium enterprise (SME) units, increase the scale of its home finance business and introduce more customers to its products, ADCB said in a ... -
ADCB to exit its operations in China as it continues to focus on home market
Abu Dhabi Commercial Bank (ADCB) said on Monday it will exit its operations in China to focus on its home market in the UAE. The bank has a branch in Shanghai, which it inherited from Union National Bank following last year’s three-way merger that also featured Al Hilal Bank. Approval has been gained from the ...