Sector: Banks & financial services
Market Value: $19.2 billion
The ADCB Group was formed in 2020 by the merger of the Abu Dhabi Commercial Bank and the Union National Bank and the acquisition of the Al Hilal Bank. Today, it has over 54 branches across the U.A.E. It signed a strategic partnership with the Abu Dhabi Residents Office in February 2022 to launch a new banking proposition for U.A.E. Golden Visas customers. And in April 2022, it announced an agreement with UAE Trade Connect to use the blockchain platform to help de-risk trade finance.