ADCB wins "Best Retail Bank in the UAE" and "Best Brand Initiative for 2016"

Abu Dhabi, 26 March 2016

Abu Dhabi Commercial Bank (ADCB) today announced that it has recently won two prestigious Asian Banker awards; "Best Retail Bank in the UAE" and "Best Brand Initiative of the Year" across Asia, Middle East and Africa, which was awarded to the Bank for its pioneering initiative "Ambition Visualized". ADCB received the awards during the Asian Banker Excellence in Retail Financial Services Awards ceremony held in conjunction with the 15th Annual Excellence in Retail Financial Services Convention in Hong Kong.

ADCB was awarded the "Best Brand Initiative of the Year" for its "Ambition Visualized" integrated campaign built around uniting a diverse population through the power of ambition.  The key driver of the initiative was the UAE's multi-cultural community that is brought together by their distinctive ambitious attitude towards achieving their goals. To accomplish their objectives, ADCB provides its customers with world-class products and a dedicated customer care team that understands their requirements and needs.

"Best Retail Bank in the UAE" was awarded to ADCB in recognition of the Bank's strong retail franchise.

Commenting on the award, Arup Mukhopadhyay, Group Head Consumer Banking, said: ""We are honored to receive the 'Best Retail Bank in the UAE' award for the seventh year. These prestigious awards emphasizes ADCB's ongoing commitment to service excellence and acknowledges the array of initiatives implemented to enhance customer experience and shareholder value. The recognition inspires us to continually innovate and develop new solutions to serve our customers better in 2016 and beyond."

The Asian Banker is a leading provider of strategic intelligence on the financial services industry.

The International Excellence in Retail Financial Services awards program is the most prestigious and transparent awards program for consumer banking in Asia Pacific, Central Asia, the Middle East and Africa. More than 250 banks in 42 countries are thoroughly evaluated. The Asian Banker Excellence in Retail Financial Services Awards programme is one of the most renowned performance benchmark for the retail banks in an increasingly competitive marketplace.

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About ADCB (as of 31 December 2015):
ADCB was formed in 1985 and as at 31 December 2015 employed over 5,000 people from 70 nationalities, serving over 650,000 retail customers and over 52,000 corporate and SME clients in 49 branches, 3 pay offices and 2 branches in India, 1 branch in Jersey and representative offices in London and Singapore.  As at 31 December 2015, ADCB's total assets were AED 228 bn.

ADCB is a full-service commercial bank which offers a wide range of products and services such as retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate and currency derivatives and banking products, project finance and property management services.

ADCB is owned 58.08% by the Government of Abu Dhabi (Abu Dhabi Investment Council). Its shares are traded on the Abu Dhabi Securities Exchange. As at 31 December 2015, excluding treasury shares, ADCB's market capitalisation was AED 34 bn.

© Press Release 2016