THE MIDDLE EAST’S

TOP 30 BANKS 2022

22. Abu Dhabi Islamic Bank (ADIB)

Country : U.A.E.
Group CEO: Nasser Al A wadhi
Market value: $7.4 billion
Revenues: $1.6 billion
Profits : $634 million
Assets: $37.3 billion

ADIB provides banking services to more than a million customers, with 62 branches in the U.A.E. The bank is also present in Egypt, Saudi Arabia, Qatar, Sudan, Iraq, and the U.K. In March 2022, the bank announced that it would provide financing worth $61 million for environmentally-friendly projects in Saudi Arabia. The bank recorded more than $634 million in net profit in 2021, an increase of 45% compared to 2020.