<span>Abu Dhabi Commercial Bank (ADCB) is pledging that none of its employees will lose their jobs this year as a result of the coronavirus outbreak that has wreaked havoc on the global economy. </span> The commitment that no employee will be made redundant applies to employees across the ADCB Group, including Al Hilal bank, following directions from its board, according to a statement from the lender on Monday. “The banking sector plays an important role in ensuring UAE residents and businesses are supported in these challenging times and ADCB Group recognises the importance of expressing solidarity with our employees and their families as they carry out their roles in this challenging period," Khaldoon Al Mubarak, chairman of ADCB Group, said. "Supporting the wellbeing of our customers, partners and employees remains our highest priority." ADCB's pledge comes as the UAE Central Bank launched a Dh100 billion stimulus package on March 14 through the local banking sector to protect businesses from the economic fallout of containing the coronavirus. Earlier this month, ADCB said it is offering to defer loan payments and waive interest for up to six months for customers impacted by the coronavirus outbreak, effective from April 2. The move will support 1.2 million retail customers of both ADCB and Al Hilal bank, as well as more than 50,000 SMEs who bank with ADCB. As the coronavirus outbreak continues to hit economies across the globe, major banks in the UAE have rolled out measures to provide financial relief to customers. The measures include payment holidays of between one to three months, reductions in cash advance charges and a lower downpayment for first-time home buyers. In the UAE, there are 570 Covid-19 cases with three deaths and 58 recoveries. Worldwide, there are more than 737,000 confirmed cases of Covid-19 with more than 35,000 deaths, according to Johns Hopkins University's coronavirus tracker as of Monday. More than 156,000 have recovered. The pandemic is severely weakening the global economy, disrupting trade and crippling the travel and tourism sector. Governments are responding with massive stimulus packages and interest rate cuts to ease the economic pain inflicted by the spread of the deadly virus.