Abu Dhabi Commercial Bank says it expects the integration of three-way merger with UNB and Al Hilal Bank to conclude by the second quarter of next year. Courtesy ADCB
Abu Dhabi Commercial Bank says it expects the integration of three-way merger with UNB and Al Hilal Bank to conclude by the second quarter of next year. Courtesy ADCB

Banking

ADCB records second quarter dip as lender presses on with merger integration

Newly-combined entity's cost of funds increased, according to the bank

Michael Fahy
Michael Fahy

July 28, 2019