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CBUAE revokes licence of MTS Bank branch in Abu Dhabi

The Central Bank of the UAE announced that it has been decided to cancel MTS Bank’s Abu Dhabi licence, wind down its operations within six months from the date of the decision, under the supervision of the Central Bank, and close the branch.This decision

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UAE Central Bank revokes license of Russia s MTS Bank as sanctions tighten

The Central Bank of the UAE plans to close the Russian bank’s operations within six months from the date of the decision.

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UAE Revokes Russian Bank s Licence After US Sanctions

UAE Revokes Russian Bank s Licence After US Sanctions
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UAE revokes Russian bank s licence after US sanctions - World

DUBAI: A Russian bank hit by US sanctions will be forced to cease operations in Abu Dhabi, the United Arab Emirates’.

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UAE cancels Russia s MTS Bank licence, citing sanctions risk

Decision comes after US officials labelled UAE 'country of focus' amid Russian sanctions crackdown

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