FAB receives CMA approval to cancel its license to market non-Omani securities in Oman

Muscat, 7 June, 2018: First Abu Dhabi Bank (FAB) has received approval from the Capital Market Authority, Sultanate of Oman 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 continues to operate and service its customers in the Sultanate of Oman, and reaffirms its long-term commitment to supporting Oman’s economy. The bank would like to thank the Capital Market Authority, Sultanate of Oman, for its support and continued partnership.

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