ADNOC Distribution Company has signed two agreements with Union National Bank PJSC (UNK) and Abu Dhabi Commercial Bank P.J.S.C. (ADCB) under which the two banks will offer financing facilities to Emirati investors in the company's latest fuel tanker leasing service. Under the recently launched service, ADNOC Distribution will lease tank trailers from individual Emirati investors under its community support initiative. As the two lenders extend loans to investors to purchase the fuel transport trucks, the company will bear the expenses of registration, insurance and maintenance during the contractual period.
Abu Dhabi National Oil Company for Distribution
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- ADNOC Distribution Company Inks Two Deals with ADCB and UNB to Support UAE Investors in Fuel Tanker Leasing Service