{"id":555228,"date":"2021-11-07T03:56:44","date_gmt":"2021-11-07T03:56:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/abu-dhabi-commercial-bank-egypt-profits-inch-up-in-3q2021\/"},"modified":"2021-11-07T03:56:44","modified_gmt":"2021-11-07T03:56:44","slug":"abu-dhabi-commercial-bank-egypt-profits-inch-up-in-3q2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/abu-dhabi-commercial-bank-egypt-profits-inch-up-in-3q2021\/","title":{"rendered":"Abu Dhabi Commercial Bank Egypt profits inch up in 3Q2021"},"content":{"rendered":"<p><strong>Abu Dhabi Commercial Bank Egypt reported net income of EGP 379 mn in 3Q2021<\/strong>, up almost 3% from the same quarter last year, the bank said in a <a href=\"https:\/\/ent.news\/2021\/11\/ADCB-Egypt-3rd-Q.pdf\">press release(<\/a><a href=\"https:\/\/ent.news\/2021\/11\/ADCB-Egypt-3rd-Q.pdf\">pdf<\/a><sup><\/sup><a href=\"https:\/\/ent.news\/2021\/11\/ADCB-Egypt-3rd-Q.pdf\">)<\/a>. The bank <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/87e47606-7c19-471f-bb13-89711362cd69\">began operating under this name last year<\/a> 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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7208],"tags":[988,204,409,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-555228","post","type-post","status-publish","format-standard","hentry","category-earnings-watch","tag-abu-dhabi-commercial-bank","tag-banking","tag-earnings-watch","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"96b3b529-0348-4825-bc9d-1cf3680720cd","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[555213],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Abu Dhabi Commercial Bank Egypt profits inch up in 3Q2021 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/abu-dhabi-commercial-bank-egypt-profits-inch-up-in-3q2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abu Dhabi Commercial Bank Egypt profits inch up in 3Q2021\" \/>\n<meta property=\"og:description\" content=\"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 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/abu-dhabi-commercial-bank-egypt-profits-inch-up-in-3q2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-07T03:56:44+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/abu-dhabi-commercial-bank-egypt-profits-inch-up-in-3q2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/abu-dhabi-commercial-bank-egypt-profits-inch-up-in-3q2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Abu Dhabi Commercial Bank Egypt profits inch up in 3Q2021\",\"datePublished\":\"2021-11-07T03:56:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/abu-dhabi-commercial-bank-egypt-profits-inch-up-in-3q2021\/\"},\"wordCount\":76,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Abu Dhabi Commercial Bank\",\"banking\",\"earnings watch\",\"EnterpriseAM\"],\"articleSection\":[\"EARNINGS WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/abu-dhabi-commercial-bank-egypt-profits-inch-up-in-3q2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/07\/abu-dhabi-commercial-bank-egypt-profits-inch-up-in-3q2021\/\",\"name\":\"Abu Dhabi Commercial Bank Egypt profits inch up in 3Q2021 - 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Meanwhile, Alexandria Medical Services reported a net profit of EGP 17.035 mn in FY2016,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647421,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/earnings-watch-abu-dhabi-islamic-bank-reports-1q2017-results\/","url_meta":{"origin":555228,"position":1},"title":"Earnings watch: Abu Dhabi Islamic Bank reports 1Q2017 results","author":"enterpriseam admin","date":"10 May 2017","format":false,"excerpt":"EARNINGS WATCH-Abu Dhabi Islamic Bank (ADIB) Egypt reported a consolidated net profit to EGP 73.7 mn in 1Q2017, a 38.5% y-o-y decrease from the EGP 119.8 mn recorded in 1Q2016, according to an EGX filing. Revenues were up 36% y-o-y to EGP 604 mn in 1Q2017.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":616923,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/13\/fx-inflows-outflows-inch-closer-to-normalcy\/","url_meta":{"origin":555228,"position":2},"title":"FX inflows, outflows inch closer to normalcy","author":"enterpriseam admin","date":"13 March 2024","format":false,"excerpt":"Float spurs influx of FX sales at the country\u2019s biggest FX bureaus","rel":"","context":"In &quot;FX WATCH&quot;","block_context":{"text":"FX WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/fx-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1100.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":661267,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/25\/tasaheel-completes-egp-7-bn-social-sukuk-issuance-africas-largest\/","url_meta":{"origin":555228,"position":3},"title":"Tasaheel completes EGP 7 bn social sukuk issuance, Africa\u2019s largest","author":"enterpriseam admin","date":"25 February 2025","format":false,"excerpt":"PLUS- Attijariwafa Bank Egypt secured USD 20 mn from the IFC","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2366.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":629261,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/27\/adib-reports-over-110-jump-in-1q2018-earnings\/","url_meta":{"origin":555228,"position":4},"title":"ADIB reports over 110% jump in 1Q2018 earnings","author":"enterpriseam admin","date":"27 May 2018","format":false,"excerpt":"EARNINGS WATCH- Abu Dhabi Islamic Bank (ADIB) Egypt reported a net profit after tax of EGP 156.8 mn in 1Q2018, up from EGP 73.7 mn during the same period last year, according to an EGX filing.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595681,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/04\/earnings-watch-abu-dhabi-islamic-bank-and-juhayna\/","url_meta":{"origin":555228,"position":5},"title":"Earnings watch: Abu Dhabi Islamic Bank and Juhayna","author":"enterpriseam admin","date":"4 August 2019","format":false,"excerpt":"EARNINGS WATCH- Abu Dhabi Islamic Bank\u2019s net profits after tax rose by 74% y-o-y to EGP 658.5 mn in 1H2019, up from EGP 378.2 mn a year earlier, according to a bourse filing (pdf). 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