30 March 2020 ADCB group, including Al Hilal Bank, makes employment commitment in response to Covid-19

Abu Dhabi, 30 March 2020: ADCB Group, including Al Hilal Bank, today made a commitment to ensure the continuity of employment at the Bank, pledging that no employee will be made redundant during 2020 as a result of the COVID-19 pandemic.

H. E. Khaldoon Al Mubarak, Chairman of ADCB Group, commented:

“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.

Following directions from the Board, ADCB Group is making a pledge that no employee will be made redundant during 2020 as a result of the COVID-19 pandemic. The Bank will also continue to implement initiatives to drive greater efficiency and protect the value of our businesses. ADCB Group is a values-driven organisation and these actions reflect our principles of integrity and care. Supporting the wellbeing of our customers, partners and employees remains our highest priority.

We would like to extend our gratitude to all the people working across the country especially those who are protecting our health and safety on the frontlines of the battle against COVID-19.”

ADCB continues to collaborate with all UAE government agencies and other leading private sector companies to ensure a swift and effective response to the economic challenges this health challenge is bringing.

ADCB Group is actively participating in a package of financial incentives in line with the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu Dhabi Executive Council.

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