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UAB successfully completes issuance of additional Tier 1 capital instruments
United Arab Bank has announced the successful issuance of its USD 150 million Additional Tier 1 (AT1) capital instrument which recently concluded through a private placement as per the General Assembly approval which took place on 24 January 2023. This landmark issuance will strengthen the Bank’s capital adequacy and boost…
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Source: United Arab Bank P.J.S.C.