Sunday, May 3, 2009

Abu Dhabi Commercial Bank launches loans range

Martin MorrisAbu Dhabi Commercial Bank (ADCB) has announced the launch of three new loan products targeted at SME (Small & Medium Enterprise) customers.

Last year, the bank brought out 'BusinessEdge', which included five transaction banking packages.

The products now being launched include "BusinessEdge Insta Loan", an unsecured credit facility up to 500,000 dirhams enabling small businesses to meet working capital and term loan requirements.

The bank is also launching commercial vehicle and construction equipment loans to fund purchases from leading manufacturers.
Source : Arabian Business

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