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#Abu Dhabi Islamic Bank

Banking & Finance

ADIB signs an agreement with Astra Tech

MEA Finance - 0
The deal makes ADIB the first bank to provide users across the UAE access to financial services on the Botim Ultra app
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Banking & Finance

ADIB refutes report of talks to buy $1.1 billion stake in Indonesian bank

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The Islamic bank said that it strongly denies that it is in talks to acquire a minority stake in the Indonesian lender
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Banking & Finance

ADIB leads closure of AED 863 million Shari’ah-compliant syndicated loan

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ADIB acted as the lead arranger, coordinator, bookrunner, Shari’ah advisor, and investment and security agent on the deal
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Banking & Finance

ADIB shareholders approve dividend of 71 fils per share for 2023

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The dividend represents an increase from 49 fils per share in 2022, constituting 49% of the bank’s net profit for the year
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Banking & Finance

Abu Dhabi Islamic Bank launches new payment hub

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The bank has worked with ProgressSoft to ease the integration of cross-border services and accelerate cross-border remittances
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Banking & Finance

ADIB full year net profit rises 45% to AED 5.25 billion

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Net profit for Q4 2023 reached AED 1.5 billion with 29% growth versus Q4 2022
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Banking & Finance

ADIB launches B2B marketplace to empower SMEs

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The online platform is an ecosystem for SMEs and allows businesses to digitally access multiple services and offers
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Banking & Finance

ADIB, Aldar Properties close AED 1 billion sustainability-linked financing deal

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The transaction underscores both entities’ commitment to supporting environmentally beneficial projects aligned with the UAE Net Zero by 2050 strategic initiative
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Banking & Finance

ADIB partners with Visa to launch Installment Solution in UAE

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Abu Dhabi Islamic Bank (ADIB) in partnership with Visa has introduced the new Visa Installments Solution (VIS) for its cardholders in the UAE. Under the...
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Banking & Finance

UAE’s Abu Dhabi Islamic Bank unveils robust ESG strategy

MEA Finance - 0
The bank’s ESG strategy encompasses the green, social and transition to low carbon economy requirements of customers
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