Al Hilal Bank’s board of directors has appointed Abdul Shakeel Aidaroos as its new CEO
Union National Bank
Latest in Union National Bank
Abu Dhabi Commercial Bank
Abu Dhabi’s ADCB quarterly profit drops 11% on cost of funds
Abu Dhabi Commercial Bank combined with local rivals Union National Bank and Al Hilal Bank to create the Gulf region’s fifth-biggest lender
Abu Dhabi Commercial Bank
Abu Dhabi Commercial Bank said to mull 2,000 job cuts after merger
Sources say state-controlled bank started cutting job once it began combining with Union National Bank and Al Hilal Bank
Abu Dhabi Commercial Bank
Look who’s talking: the Gulf’s $1trn bank merger bonanza
More than 20 Gulf financial institutions with total assets exceeding $1 trillion are in merger talks
Abu Dhabi Commercial Bank
New UAE banking group unveiled with $115bn assets
ADCB Group starts operations following the merger of Abu Dhabi Commercial Bank and Union National Bank and acquisition of Al Hilal Bank
ADCB
UAE’s Al Hilal Bank plans digital transformation under new CEO
Amr Al Menhali, newly appointed as Al Hilal Bank’s CEO, will lead a digital transformation to enhance customer experience
Abu Dhabi Commercial Bank
Abu Dhabi said to mull merger to create biggest MidEast bank
Sources say emirate is considering combining Abu Dhabi Islamic Bank with First Abu Dhabi Bank
Abu Dhabi
The Gulf merger wave: What’s next for the banks in the region?
Abu Dhabi’s three-way bank merger is set to create a $114bn financial giant
Abu Dhabi Commercial Bank
Abu Dhabi’s three-way bank merger to create $114bn giant
Abu Dhabi Commercial Bank has agreed to merge with Union National Bank and Al Hilal Bank
Abu Dhabi
Video: 1,000 jobs at risk in proposed banking merger
A proposed three-way bank merger in Abu Dhabi may lead to about 1,000 jobs being cut, according to three people with knowledge of the matter.
Abu Dhabi
1,000 jobs said to be at risk in proposed Abu Dhabi banking merger
Sources say talks among Abu Dhabi Commercial Bank, Union National Bank and Al Hilal Bank are at an advanced stage
Abu Dhabi Commercial Bank
Abu Dhabi said to be in talks to create two banks in three-way merger
Abu Dhabi plans to set up a holding company to manage the new entities, which would operate under separate banking licences, accoding to sources
Abu Dhabi Commercial Bank
Merger of three UAE banks would be credit positive for sector – Moody’s
ADCB has said the merger talks are at “a very preliminary stage” and may not result in a deal
Abu Dhabi Commercial Bank
Abu Dhabi banks see H1 net income rise to $4.5bn
UAE Central Bank data reveals 8.4% jump in net income for Abu Dhabi banks in the first half of 2018
Abu Dhabi
Revealed: why Gulf banks are merging like never before
Lenders across the region are undergoing possibly the biggest overhaul with at least half a dozen involved in takeover or merger talks
Abu Dhabi
Abu Dhabi banks see shares soar over merger talks
Abu Dhabi Commercial Bank confirms talks at ‘very preliminary stage’ to explore merger with Union National Bank and Al Hilal Bank
Abu Dhabi
Abu Dhabi said to mull merger to create banking giant
Abu Dhabi Commercial Bank and Union National Bank are reportedly in talks to combine with privately-held Al Hilal Bank