Adnoc Bank Profit Rises 28% in H1

Abu Dhabi Commercial Bank achieved record pre-tax profits of 7.607 billion dirhams during the first half of 2026, representing a 28% increase compared to the same period last year. This is driven by strong growth in operating income, which rose by 12% to 11.981 billion dirhams, and income from non-interest sources, which increased by 22% to 4.510 billion dirhams. The bank's balance sheet also saw assets grow to 833 billion dirhams, up 16% year-over-year. Customer loans increased by 18% to 445 billion dirhams, while customer deposits continued to grow by 14% to 527 billion dirhams. The bank is continuing to implement its digital strategy by integrating artificial intelligence technologies to enhance operations and the customer experience, reflecting a solid performance that underscores the stability of its financial position and the ongoing economic growth in the UAE.

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