ADIB expands consumer finance business but low margins mystify
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Emerging Markets

ADIB expands consumer finance business but low margins mystify

abu-dhabi-for-ifis.jpg

Abu Dhabi Islamic Bank (ADIB) concluded its purchase of Barclays’ UAE retail banking business on Monday. The acquisition’s impact on ADIB’s tier one ratio will be modest and helps increase the bank’s already strong footprint in consumer finance, although its margins in that market are surprisingly low, said one analyst.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article