Abu Dhabi Commercial Bank picks banks for bond issue - sources

DUBAI Mon Jan 28, 2013 2:29am EST

DUBAI Jan 28 (Reuters) - Abu Dhabi Commercial Bank , the United Arab Emirates' third largest lender by market value, has picked five banks for a conventional bond issue, two sources familiar with the matter said on Monday.

The lender has chosen itself, JP Morgan Chase, ING , Royal Bank of Scotland and Standard Chartered to arrange the offering, the sources said, speaking on condition of anonymity because the information is not public.

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A tourist takes a plunge as she swims at Ngapali Beach, a popular tourist site, in the Thandwe township of the Rakhine state, October 6, 2013. Picture taken October 6, 2013. REUTERS/Soe Zeya Tun (MYANMAR - Tags: SOCIETY) - RTR3FOI0

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