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Abu Dhabi Commercial Bank expands focus on green financing

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Abu Dhabi Commercial Bank (ADCB) has announced the rebranding of its wholesale banking division to Corporate and Investment Banking, marking the bank’s broader offering to institutions, corporates and small and medium enterprises (SMEs) in the region. The rebranding reflects ADCB’s growing expertise in structured finance, treasury and capital markets solutions, and its commitment to sustainable finance, including green bonds and loans.

Under the new Corporate & Investment Banking logo, ADCB offers a full range of market-leading products and solutions, from transaction banking and lending servicing to capital markets advisory and specialist financing. The integration of financial market solutions further strengthens ADCB’s lending business and broadens its offering to businesses, including sustainable finance options.

ADCB’s Corporate and Investment Banking division leverages its deep knowledge and expertise in various markets to meet the changing needs of its clients. The Bank is a trusted partner to government entities, financial institutions, large corporations and SMEs, playing a vital role in the region’s economic ambitions. With its regional network and affiliated banks in Egypt, ADCB facilitates cross-border business and investment relationships along growing economic corridors.

As the UAE prepares to host the COP28 global climate summit in November 2023, the country has pledged to invest AED600 billion in clean and renewable energy to achieve its 2050 net-zero emissions strategic plan. ADCB is actively mobilizing capital to support clients in their transition to a low-carbon economy, committing to AED35 billion in green financing by 2030.

ADCB’s rebranding comes at a time of significant growth for its corporate and investment banking division, strengthening existing client relationships and establishing new partnerships with corporations and institutions across the region. The bank’s commitment to innovation is reflected in advanced technology platforms such as ADCB ProCash and ProTrade, which enhance cash management and trade transactions, ensuring an exceptional customer experience.

ADCB remains committed to supporting the region’s economic growth initiatives and actively contributes to accessing global capital markets for regional businesses, financial institutions and governments. With an increased focus on sustainable finance, the bank aims to be at the forefront of driving the transition to a more sustainable and resilient economy.

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