Abu Dhabi Commercial Bank reports full year net profit of AED 3.809 billion
Abu Dhabi, Jan. 31 --Abu Dhabi Commercial Bank PJSC issued the following news release:
- Recommends cash dividend of AED 0.27 per share[*] equivalent to 49% of net profit
Abu Dhabi Commercial Bank PJSC ("ADCB" or the "Bank") today reported its financial results for 2020 ("FY'20") and the fourth quarter of 2020 (Q4'20).
* Steady operating performance, with lower cost of funds and an improved cost to income ratio cushioning the impact of low interest rates and subdued economic...