Page 77 - AAE PR REPORT - January 2024

1/10/24, 9:56 AM ADCB redefines its corporate and investment banking business | Euromoney
Platforms like ProCash and ProTrade simplify seamless access to a wide range of

operations, reduce costs, and offer investment and risk management
unmatched convenience. ProCash, the bank’s services such as hedging and foreign
cash management platform for corporates, exchange advisory

offers reliable and secure online banking
solutions. Meanwhile, ProTrade, ADCB’s digital trade finance platform, streamlines trade

cycles and automates supply chains, making international trade financing swift and
secure.

Mobilising sustainable capital

As momentum for sustainable finance grows within the UAE and the broader GCC

region, ADCB is strategically positioned to play a crucial role in mobilising capital to
support the region’s transition to a low-carbon economy.

In November 2023, the bank joined the Net-Zero Banking Alliance, a group of over 130

leading global banks committed to financing climate action to transition the real
eocnomy to net zero greenhouse gas emissions by 2050.

To support this strategic initiative, the bank has more than tripled its sustainable finance

commitment to Dh125 billion ($34 billion) by 2030, while setting a shorter-term target
of Dh50 billion ($14 billion) by 2025. ADCB's focus on sustainable banking has been
recognised by ESG ratings agencies such as Sustainalytics, which has rated ADCB as the

highest-ranked diversified bank in the region for ESG.

To support this strategic initiative, the bank has more than tripled its
sustainable finance commitment to Dh125 billion ($34 billion)

To support corporate and investment banking group clients on their transition to net

zero, ADCB is expanding its suite of sustainable products and services beyond lending
and capital markets solutions.

Most recently, the bank introduced Mastercard’s Carbon Calculator, which provides

clients with the estimated carbon footprint of spending made on their ADCB corporate
cards. This followed the launch of a Sustainable Call Account, where deposited client
funds are allocated to sustainable and green bonds within ADCB's treasury investment

portfolio.

A commitment to growth

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