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Company News - Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank Unveils New Brand Identity (7 June 2010)
ADIB also introduces a new slogan that captures its commitment to provide world-class, ethical banking based on its core values, "Banking as it should be".

Abu Dhabi Islamic Bank wins Etihad Airways cash collection mandate (16 May 2010)
Abu Dhabi Islamic Bank (ADIB), a leading regional Islamic bank, today announced that it won the cash collection mandate for Etihad Airways as part of its Cash Management range of services.

Abu Dhabi Islamic Bank launches first 24-hour branch of country (27 December 2009)
Abu Dhabi Islamic Bank (ADIB) branch in Abu Dhabi International Airport will now be operational 24-hours and seven days a week, it was announced today.

Abu Dhabi Islamic Bank Strengthens Risk Practices By Signing With Emcredit For Credit Information Services (23 December 2009)
"It is encouraging to see that leading Islamic banks in the UAE banking industry are setting a fine example by making risk management a strategic priority," said Ali Ibrahim, Managing Director, Emcredit.

Abu Dhabi Islamic Bank (ADIB): Upgrading to Hold - Growth Downplays Risk (6 September 2009)
Asset quality should continue to weigh in on earnings as approximately 20% of the bank’s loan book is exposed to real estate. Additionally, the economic slowdown is impacting the quality of the corporate books as well

Abu Dhabi Islamic Bank Demonstrates Firm Intent On developing The UAE Workforce (1 February 2009)
The tailor-made programme aims to advance the Islamic Finance Industry by developing the UAE workforce through specialized training.

Abu Dhabi Islamic Bank Posts Third Quarter Results, Recording Record Rises (14 October 2008)
Third quarter 2008 net profit was recorded as AED 216.5 million, up 57.8% from AED 137.2 million in Q3 2007.

Abu Dhabi Islamic Bank posts Record Half Year Profits (15 July 2008)
Second Quarter net profit was AED 276 million and this represents an increase of 53% compared to the same period in 2007, and a 13% growth on the previous quarter.

Abu Dhabi Islamic Bank Presents New Strategy To Its Customers (28 May 2008)
After being initially revealed at annual customer reception in Abu Dhabi in April, this announcement was made at a regional customer event held in Jumeriah Beach Hotel, Dubai which was attended by top ADIB’s senior executives.

Abu Dhabi Islamic Bank Appoints Mr.Tirad Mahmoud As CEO (3 February 2008)
Given his extensive experience and understanding of the financial services industry in the MENA region and the GCC in particular, Tirad Mahmoud will play a vital role in spearheading ADIB’s growth initiatives.

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