Abu Dhabi Commercial Bank Egypt profits inch up in 3Q2021

Abu Dhabi Commercial Bank Egypt reported net income of EGP 379 mn in 3Q2021, up almost 3% from the same quarter last year, the bank said in a press release(pdf). The bank began operating under this name last year as a local Egyptian bank as a rebadge of Union National Bank Egypt, whose parent company in the UAE merged with ADCB and Sharia-compliant lender Al Hilal Bank.