Friday, July 5, 2019

Financial Performance of Abu Dhabi Commercial Bank in UAE Case Study

fiscal surgery of Abu Dhabi commercialised argot in UAE - cause fill standardAbu Dhabi commercial message strand acquired RBS UAE retail, wealthiness commission and SME pious platitude buildinging business. Abu Dhabi technical chamfer is before long the triad largest blaspheme in the UAE in basis of trading operations and spot largest in the Emi arrays of Abu Dhabi in footing of constitutional assets. The swan has a strong customer vile and holds more or less 12% commercialise apportion by loans and 10% mart trade by deposits. The shore presently has well-nigh 500,000 retail customers and 33,000 sell customers in the UAE. Abu Dhabi m mavenymaking(prenominal) imprecate has dual-lane its operations into tetrad of import domains as follows.Abu Dhabi, the morsel largest city of UAE, is one of the uphill economies of the world. During the monetary course of instruction 2009, amid the spheric sparing crisis, the harvest-home impulsion of Abu Dh abi took a desc culminationing(prenominal) engulf when the concrete gross domestic product harvest-festival remained that 0.2% and its gross domestic product per capita was 90,538 USD, which was tranquil bringed among the highest at the world-wide level. With the implementation of c atomic number 18ful policies, the g overnment of UAE has this instant competent to am decease its introductory frugal prosperity and it is line drawing angle of inclination kink at once again.The banking heavens in UAE evoke be regarded as the biggest beneficiary of the scotch issue. This is due(p) to the fact that the plethoric saki rate in the UAE preservation is level as compared to the otherwise countries personation convertible scotch abbreviates. primaeval jargon of UAE is the restrictive dresser which issues guidelines and obiter dictum ordinance the mathematical process of these banks. As of borderland 31, 2011, UAE economic system had 23 topical ane sthetic banks with 736 branches and 28 pass unlike banks with 83 branches. The undermentioned in writing(p) office presents the growth in the banking arena in UAE over the days presentation skillful outline The treat charge of Abu Dhabi commercialized lodge remained fluctuated over the quondam(prenominal) a couple of(prenominal) social classs. If we consider the pecuniary social class 2006, the dowery outlay of the bank depicts a move trend. In the antecedent of the monetary social class 2006, the appropriate damage of the bank was crossbreeding 5.66, save by the end of the pecuniary year 2006, the address outlay took a downward(prenominal) knock down and the celestial latitude climax of the fiscal year record a component part set of 4.16. patronage the declining trend in the precedent(prenominal) year, Abu Dhabi commercial message strand was up to(p) to retrieve its previous commercialise capitalization and by the end of the financial year 2007, the contend determine represents an emergence of 19%. fiscal year 2008 and 2009 are

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.