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FAB acquires 100% of Bahrain fund administrator Yasira

Abu Dhabi: First Abu Dhabi Bank (FAB) has acquired 100 per cent of Yasira Financial Services, a Bahrain-based fund administration and trust services platform, the lender announced on November 9. The companies have not yet disclosed the value of the deal, but FAB will rebrand Yasira and fold it into its Securities Services franchise.

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