Monday 27, January 2014 by Robin AmlĂ´t

ADCB reports record net profit of AED 3.62 billion, up 29 per cent

“ADCB is a leading institution with a vision and strategy for the future” said ADCB Chairman Eissa Al Suwaidi. “Our 2013 results demonstrate the bank’s ability to achieve the goals we set for ourselves. As a result of the bank’s continued healthy financial position and capital base, ADCB Board of Directors has recommended a 30 per cent cash dividend of AED 1.56 billion (net of treasury shares), equivalent to 50 per cent of profit attributable to equity shareholders of the Bank, subject to approval of the UAE Central Bank.”

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