{
  "id": 19307039,
  "title": "FAB takes full ownership of Bahrain fund administrator Yasira",
  "url": "https://urgent.news/2026/11/10/fab-takes-full-ownership-of-bahrain-fund-administrator-yasira",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-11-10T06:45:48.000Z",
  "source": {
    "name": "Arabian Post",
    "slug": "arabian-post",
    "url": "https://thearabianpost.com/fab-takes-full-ownership-of-bahrain-fund-administrator-yasira/"
  },
  "original_language": "en",
  "account": "Arabian First Abu Dhabi Bank has secured 100% ownership of Bahrain-based Yasira Financial Services, expanding its fund administration and trust services offerings. The acquisition, announced on Monday, integrates Yasira into FAB's Securities Services division. Financial terms and integration timeline remain undisclosed. Yasira specializes in investment structures for listed assets, private equity, venture capital, and property, supporting funds across legal entities and jurisdictions. FAB's existing custody services will complement Yasira's expertise in fund administration, cash management, and foreign exchange. The bank aims to provide a broader range of services to asset managers and institutional investors through a single provider. Yasira currently administers funds worth over $7 billion. The rebranding repositions Yasira under FAB's Securities Services division, with the bank prioritizing continuity for existing clients and investing in staff and capabilities. The acquisition is part of FAB's MENASSA Securities Services, potentially reducing the number of providers fund managers need to coordinate.",
  "summary": "Arabian Post Staff -Dubai First Abu Dhabi Bank has acquired 100 per cent of Bahrain-based Yasira Financial Services, extending its fund administration and trust services business to serve investment managers across public and private markets. The Abu Dhabi lender announced the acquisition on Monday, saying Yasira would be rebranded and incorporated into its Securities Services division. Financial…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}