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First Abu Dhabi Bank becomes First MENA Bank to join CIPS as direct participant
First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, has become a Direct Participant (DP) of the Cross-border Interbank Payment System (CIPS), the official cross-border payment infrastructure for Renminbi (RMB). FAB’s direct participation in CIPS enhances its ability to provide…
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Source: First Abu Dhabi Bank