FAB surrenders its license to market non-Omani securities in the sultanate

Muscat - 

First Abu Dhabi Bank (FAB) has received approval from Oman’s 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, FAB said in a press statement.

FAB continues to operate and service its customers in the sultanate and reaffirms its long-term commitment to supporting Oman’s economy. The bank thanked the Capital Market Authority of the sultanate for its support and continued partnership.

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