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Bahrain Islamic Bank Convenes Its Ordinary and Extra-Ordinary General Meetings for the Year 2020 via Video Conferencing
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ABG – Al Baraka Banking Group BSC (via Public) / Important announcement for the shareholders regarding the Ordinary General Meeting of Al Baraka Banking Group B S C
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Bahrain Bourse & Bahrain Clear participate in HSBC markets and securities services
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FAB becomes direct custodian member of Oman CSD
FAB stated Oman is a key part of the bank’s regional direct custody platform for seven Middle Eastern markets.
January 25, 2021 11:08 AM GMT
First Abu Dhabi Bank (FAB) has become a direct custodian member of Muscat Clearing and Depositary (MCD) in the Sultanate of Oman.
The move is the latest in FAB’s efforts to become the local custodian of choice for investors to access the Middle East region’s emerging and frontier markets.
FAB is the third international custodian of the securities depositary linked to the country’s stock exchange, the Muscat Securities Markets (MSM), and will contribute to MCD’s mission to promote post-trade solutions.