With over 40 branches in the United Arab Emirates, India is the only foreign country where the Abu Dhabi Commercial Bank has branches. Currently it has one branch in Mumbai and another in Bangalore.
Although the operations in India are very small the profit per employee is over 1750 lakhs as compared to the average of 750 lakhs among all banks in India. Apart from the regular banking activities the bank acts a bridge between India and the UAE and hence majorly caters to NRI clients.
Abu Dhabi Commercial Bank was incorporated in the year 1985. It was formed by the merger of three banks namely – Emirates Commercial Bank, Khalij Commercial Bank and the Federal Commercial Bank. One amongst the largest national banks in the UAE, this bank is predominantly owned by the Abu Dhabi government.
In India the bank Share broking services, Deposit accounts including term deposits. NRI accounts including FCNR and NRSR accounts. In the lending domain the bank is active only in Trade and Project finance and is yet to enter the loans arena.
Check out lowest interest rates on Abu Dhabi commercial bank trade and project finance loans
