Abu Dhabi Islamic Bank Egypt SAE. Stock Analysis ADIB.CA

Abu Dhabi Islamic Bank-Egypt engages in the provision of top-tier online, mobile, and telephonic banking services ensuring clients seamless digital access to their accounts around the clock. The company is headquartered in Cairo, Cairo and currently employs 2,716 full-time employees. The Bank, in accordance with the provisions of Islamic Sharia, provides corporates, retail banking and investment services through a network of approximately 70 branches located across Egypt. The Bank’s products and services are structured into four segments: the large, medium and small enterprises (Corporate) segment includes the activities of current accounts, deposits, current accounts receivable (Mudaraba), financing and credit facilities, and financial derivatives; the investment segment includes activities of corporate mergers, investment purchasing, financing of corporate restructuring and financial instruments; the retail segment includes activities of current accounts, savings, deposits, credit cards, personal finance and real estate finance, and the other activities segment includes management of funds and transactions between activity segments in accordance with the normal course of business of the Bank.