ADCB, Santander To Partner On Project, Trade Financing

Law360, New York (November 5, 2012, 6:17 PM EST) -- Abu Dhabi Commercial Bank PJSC and Spain’s Banco Santander SA have formed an alliance that will see the lenders team up in the areas of trade and project finance in an attempt to raise Banco Santander’s profile in the Middle East, ADCB announced on Sunday.

The alliance, which was finalized on Thursday, will specifically serve ADCB and Banco Santander clients who do business in countries were both banks are not present, according to a statement from the Middle Eastern lender.

"With banks in the Middle East...
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