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ADCB

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AcronymDefinition
ADCBAbu Dhabi Commercial Bank
ADCBAsymmetric Double Cantilever Beam (materials science)
ADCBAverage Daily Collected Balance (banking)
ADCBAudience Development Capacity Building (Scotland, UK)
ADCBAlgemene Directie Controle Bemiddeling (Dutch: Directorate General of Control and Mediation; Belgium)


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Related to this, ADCB has significant exposure to the Saudi Arabia-based Saad and Algosaibi groups, while new delinquencies have been filtering through in recent months.
The bank continued to set aside provisions to cover any probable loss in its loan portfolio and some investments which had a negative impact on the bank's results for Q3," Eissa Al Suwaidi, chairman of ADCB, said in a statement.
ADCB expects to book additional provisions in the near future to cover its exposure, according to a debt prospectus published by the lender and dated September 17, but only made public in recent days.
 
 
 
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