Tag: #Abu Dhabi Islamic Bank
ADIB achieves AA ESG rating upgrade from MSCI
The bank’s classification on the index advances to the “leadership” category, making it the only bank in the region to achieve this distinction for 2024
ADIB accelerates cloud adoption to enhance customer experience
Cloudera Public Cloud on Azure has empowered ADIB to enhance data operations, delivering greater cost efficiency, flexibility, and scalability
ADIB, DIFC Innovation Hub partner to drive regional fintech growth
The collaboration seeks to create proof-of-concept projects, where the DIFC Innovation Hub will support ADIB in collaborating with the shortlisted fintech firms
UAE’s ADIB unveils nationwide business banking expansion plan
The expansion includes strategic collaborations with key partners specialising in serving the SME sector and leveraging its extensive network across key locations in the UAE
Visa instalment solution now live for ADIB cardholders
Visa said last October that it is working with local issuers and acquirers in the UAE
ADIB signs an agreement with Astra Tech
The deal makes ADIB the first bank to provide users across the UAE access to financial services on the Botim Ultra app
ADIB refutes report of talks to buy $1.1 billion stake in Indonesian bank
The Islamic bank said that it strongly denies that it is in talks to acquire a minority stake in the Indonesian lender
UAE’s ADIB leads closure of AED 863 million Shari’ah-compliant syndicated loan
ADIB acted as the lead arranger, coordinator, bookrunner, Shari’ah advisor, and investment and security agent on the deal
Abu Dhabi Islamic Bank launches new payment hub
The bank has worked with ProgressSoft to ease the integration of cross-border services and accelerate cross-border remittances
ADIB full year net profit rises 45% to AED 5.25 billion
Net profit for Q4 2023 reached AED 1.5 billion with 29% growth versus Q4 2022