ADIB’s net profit up 43% Y-o-Y during the first nine months of 2021

  • 11/1/2021
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ADIB also announced via a statement a new strategy for 2025 to drive long term growth and increase return to shareholders Abu Dhabi Islamic Bank (ADIB), reported a 43 percent year-on-year increase in its net profits for the first nine months of 2021, reaching AED1.6 billion ($435 million) , compared to AED1.12 billion in the same period last year. The growth in net profits is supported by an increase in the bank’s total revenues by 4 percent, which rose to AED4 billion, compared to AED3.9 billion in the same period in 2020. “ADIB’s strong financial performance reflects the continued success of our growth strategy, and our ability to adapt to a challenging environment, and to do so while maintaining the best levels and quality of services, as evidenced by the fact that today we provide our services to more than one million dealing across multiple sectors,” ADIB’s chairman, Jawaan Awaidah Al Khaili, said. ADIB also announced via a statement a new strategy for 2025 to drive long term growth and increase return to shareholders.

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