ADIB adds 200,000 customers and a first-of-its-kind open finance licence as nine-month profit climbs to AED 6.4 billion
Abu Dhabi Islamic Bank (ADIB) has reported a 6% profit before tax increase to AED 6.4 billion for the first nine months of 2026. The bank has added 200,000 customers, increased customer financing by 25%, and surpassed AED 250 billion in deposits while achieving a record low non-performing asset ratio.
Significantly, ADIB has also become the UAE's first bank licensed as an Open Finance Provider, which underscores its commitment to digital transformation. With a newly appointed Chief AI Officer, ADIB has streamlined onboarding processes, reducing customer onboarding journeys from days to mere minutes, positioning itself as a digital leader in the region.
Key takeaways
- ▸ADIB's profit before tax rose to AED 6.4 billion for the first nine months of 2026, a 6% increase from the previous year.
- ▸The bank added 200,000 new customers, showcasing significant growth in its customer base.
- ▸Customer financing surged by 25%, indicating strong demand for financial solutions.
- ▸ADIB surpassed AED 250 billion in deposits, reflecting heightened consumer trust and engagement.
- ▸The bank was licensed as the UAE’s first Open Finance Provider, signaling a pivotal shift towards open banking initiatives.
Why this matters
ADIB's advancements in digital banking and its Open Finance licence position it favorably against competitors, potentially attracting more customers seeking innovative financial solutions. This strategic focus on technology enhances operational efficiencies and customer experience, likely increasing market share in the rapidly evolving UAE banking landscape.
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