Tuesday , 16 January 2018
Home » Issues » 2011 » Issue 07 January / February 2011 » UAE banking tie-up

UAE banking tie-up

Ala’a Eraiqat, ADCB’s chief executive officer, shakes hands with Joel Van Dusen, global head of corporate banking coverage, Bank of America Merrill Lynch

Abu Dhabi Commercial Bank (ADCB) and Bank of America Merrill Lynch (BofA Merrill) have formed a relationship in the UAE. It allows the latter’s clients requiring services in the region access to the capabilities provided by ADCB and for ADCB clients to access BofA Merrill’s global network of corporate banking and cash management capabilities.

Ala’a Eraiqat, chief executive officer and ADCB board member, said, “This is an important day for the UAE banking sector. It brings together our bank’s extensive network in the UAE, our product suite and service excellence with the global reach of Bank of America Merrill Lynch – a truly win-win partnership. We look forward to providing their valued clients with world-class products and services.”

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