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Digital bank Zand receives UAE banking licence

 1 year ago
source link: https://fintechranking.com/2022/07/06/digital-bank-zand-receives-uae-banking-licence/
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Digital bank Zand receives UAE banking licence

Emirati digital banking start-up Zand, which provides retail and corporate services, said on Tuesday it had been granted a banking licence from the Central Bank of the United Arab Emirates.

The licence, which authorises and regulates Zand to operate as a fully independent bank, was awarded on June 30, Chief Executive and co-founder Olivier Crespin said in a statement.

Read more: Reuters

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