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ADCB is acquiring the mortgage and vehicle/equipment finance portfolios of Abu Dhabi Finance (ADF), subject to approval by the Central Bank of the UAE. The transfer of ADF’s portfolios to ADCB is expected to take place during the first half of 2021.
Abu Dhabi Finance is a leading provider of medium and long-term loans to owner-occupiers and investors seeking to finance the acquisition or re-finance of residential or commercial property.
DoF at a Glance. Established in 1966 with the objective of strengthening the financial sustainability of the Emirate, DoF is responsible for the development and execution of the Abu Dhabi government’s annual budget and for overseeing government returns, expenditures, funding and liquidity.
The working hours at Abu Dhabi Securities Exchange starts from 08:00 AM and ends at 03:00 PM. تبدأ ساعات العمل في سوق أبوظبي للأوراق المالية من الساعة 08:00 صباحاً وتنتهي الساعة 03:00 مساءً.
Abu Dhabi Global Market (ADGM) is an award-winning international financial centre located on Al Maryah Island in the heart of the UAE's capital city, Abu Dhabi.
Abu Dhabi Financial Group (ADFG) is a global investment management group, headquartered in Abu Dhabi.
ADCB expands mortgage business through acquisition of portfolio from Abu Dhabi Finance. Abu Dhabi Commercial Bank PJSC (“ADCB” or “the Bank”) has signed an agreement to acquire a portfolio of approximately 1,000 mortgages from Abu Dhabi Finance PJSC (“ADF”).
