Tag: Abu Dhabi Commercial Bank
Banks Waive Over AED869 Million In Debts Of 1,607 Emiratis
Dubai: The Non-performing Debt Relief Fund announced on Monday that 12 banks had waived the debts of 1,607 Emirati citizens, with a total value...
NMC Heads to Administration After Bowing to Creditor Demands
(Bloomberg) -- NMC Health Plc bowed to creditor demands to be placed into administration, saying it’s in no position to contest Abu Dhabi Commercial Bank...
Abu Dhabi Builder Holds Talks to Revamp $545 Million in Debt
(Bloomberg) -- Abu Dhabi-based construction firm Al Fara’a Group is in talks with banks to restructure about 2 billion dirhams ($545 million) in liabilities, according...
ADCB to exit Qatar, Kuwait & India markets, posts net profit of AED 4.196...
To focus on home market, UAE’s Abu Dhabi Commercial Bank PJSC has started exiting overseas operations in India, Qatar and Kuwait. The bank posted...
