UAE Equity Research - Abu Dhabi Commercial Bank (ADCB) 2Q25 - Right Issue
Abu Dhabi Commercial Bank (ADCB) has launched an AED 6.1 Bn (USD 1.7 Bn) rights issue to raise capital, strengthen its balance sheet, and sustain strong growth momentum. The move is expected to boost capital adequacy (CET1 +120–130 bps), safeguard dividend distribution plans, and support the Bank’s strategy to double the annual net profit to AED 20 Bn within five years.