Mergers & Acquisitions
Retail Banking
Uncategorized
Abu Dhabi bank inks deal to acquire mortgages worth $300m
Abu Dhabi Commercial Bank has signed an agreement to acquire a portfolio of approximately 1,000 mortgages from Abu Dhabi Finance. ADCB said the transaction provides further growth for its retail and SME businesses, adding that the assets, with a gross book value of AED1.1 billion ($300 million) comprise approximately 76…
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Click here to read the full story: Arabian Business