Sunday 10, June 2018 by Kudakwashe

FAB surrenders license to market non-Omani securities

First Abu Dhabi Bank (FAB) has received approval from the Capital Market Authority on its request to surrender its license to market non-Omani securities in Oman.

  

This is in line with FAB’s on-going review of its business strategy across the group and international focus on corporate and investment banking.

In a statement, the bank reaffirmed that it will continue to operate and service its customers in the Sultanate of Oman, and its long-term commitment to supporting Oman’s economy.

 

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