Abu Dhabi-based banks report Dhs40.3bn net income in 2019

Abu Dhabi-based banks report Dhs40.3bn net income in 2019

In May 2019, Abu Dhabi Commercial Bank officially merged with Union National Bank and the combined entity acquired Al Hilal Bank.. The UAE's four largest banks - First Abu Dhabi Bank, Emirates NBD, Abu Dhabi Commercial Bank and Dubai Islamic Bank - reported a combined net profit of Dh37bn for 2019, up 13 per cent from the previous year..