The net profit of Abu Dhabi Commercial Bank experienced an 18% increase, amounting to 5.942 billion dirhams (before tax deductions) for the first half of 2025. The bank’s net profit after tax reached 5.014 billion dirhams.
The bank reported a 7% rise in net interest income over the past six months, totaling 7.048 billion dirhams. Additionally, non-interest income surged by 36%, reaching 3.693 billion dirhams, while revenue from operational activities increased by 15%, amounting to 10.741 billion dirhams.
Moreover, operating profit before provisions rose by 22%, reaching 7.766 billion dirhams.
Total assets grew by 17% compared to the same period last year, and by 10% in the first half of 2025, reaching 719 billion dirhams.
The bank confirmed a 14% increase in net loans and advances, amounting to 46 billion dirhams compared to the same period last year, with an 8% rise of 28 billion dirhams noted during the first half of 2025, totaling 378 billion dirhams.
Customer deposits also saw a 19% increase, equating to 73 billion dirhams compared to the same period last year, and a 10% rise of 42 billion dirhams in the first half of 2025, bringing the total to 463 billion dirhams.
The deposits in current and savings accounts grew to 207 billion dirhams by the end of the first half of 2025, marking a 21% increase (35 billion dirhams) compared to the same period of 2024, alongside an 11% increase of 21 billion dirhams for the first half of 2025, which constitutes 45% of total customer deposits.
For the second quarter of 2025, profits rose by 17%, reaching 3.035 billion dirhams before tax, with net earnings after tax amounting to 2.568 billion dirhams.