The United Arab Bank and Abu Dhabi Securities Market provide primary public subscription services
Sharjah, September 3 / WAM / The United Arab Bank signed a strategic cooperation agreement today with the Abu Dhabi Securities Market “ADX”, one of the fastest growing financial markets in the region with the aim of facilitating the possibility of the bank’s customers to the capital markets in Abu Dhabi.
This partnership will enable the bank’s customers to subscribe smoothly in the initial public subscriptions directly through the bank’s channels or through the e -investors portal of the Abu Dhabi Stock Exchange “EIPO”, which guarantees a smooth and safe experience based on the customer.
This step contributes to enhancing the offers offered by the bank in the field of wealth management and digital solutions, by integrating investment opportunities within its integrated system, and customers also give the opportunity to participate in the vital financial markets in the United Arab Emirates with greater flexibility and transparency.
The agreement was signed today at the headquarters of the Abu Dhabi Securities Market in Abu Dhabi, in the presence of Abdullah Salem Al -Nuaimi, CEO of Abu Dhabi Stock Souk Group and the Chicken CEO of the United Arab Bank, along with a number of senior executives from both sides.
Through this partnership, the United Arab Bank customers will benefit from an integrated process of processing for initial public subscription requests that can be accessed directly through the United Arab Bank application for mobile phone, and this initiative simplifies the procedures that were complicated in the past to become a smooth and clear experience, which enables customers to benefit from the available investment opportunities with confidence and ease.
Sherish said that cooperation with the Abu Dhabi Securities Market gives our customers directly to the first public subscription opportunities, as this step reflects our commitment to innovation and empowering customers and providing long -term value to them and by integrating investment services into our digital channels.
For his part, Abdullah Salem Al -Nuaimi said that this cooperation reflects our commitment to enhancing the experience of investors by providing innovative digital solutions, pointing out that the partnership with a leading financial institutions to expand access to the capital markets in Abu Dhabi is one of the main axes of our strategy while continuing to offer a broader set of products and services for both exporters and investors.
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