Abu Dhabi Commercial Bank 8.0% PERPAbu Dhabi Commercial Bank 8.0% PERPAbu Dhabi Commercial Bank 8.0% PERP

Abu Dhabi Commercial Bank 8.0% PERP

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Key terms


Outstanding amount
‪750.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
8.00% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
Maturity date
Term to maturity

About Abu Dhabi Commercial Bank 8.0% PERP


Sector
Finance
Industry
Major Banks
Home page
Issue date
Nov 27, 2023
FIGI
BBG01K5BT805
Abu Dhabi Commercial Bank engages in the provision of commercial banking services. It operates through the following segments: Consumer Banking; Wholesale Banking; Investments and Treasury; and Property Management. The Consumer Banking segment includes retail, wealth management, Islamic financing, and investment in associates. The Wholesale Banking segment consists of business banking, cash management, trade finance, corporate finance, small and medium enterprise financing, investment banking, Islamic financing, infrastructure and asset finance, and government and public enterprises. The Investments and Treasury segment is involved in central treasury operations, management of the group’s investment portfolio and interest rate, currency and commodity derivative portfolio, and Islamic financing. The Property Management segment covers the real estate management and engineering service operations of subsidiaries, and rental income earned from properties of the group. The company was founded on July 1, 1985 and is headquartered in Abu Dhabi, the United Arab Emirates.
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