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52 New Digital Banks Added to The Financial Brand s Neobank Tracker
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Shrinath Bolloju, Managing Director, CitiBank, India Joins KGiSL
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Shrinath Bolloju, Managing Director, CitiBank, India Joins KGiSL - Press Release
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ABU DHABI: Mubadala Investment Co. is seeking to replace its joint-venture partner in the Anglo-Gulf Trade Bank, the Rowland family, with other investors, Asharq reported citing a person familiar with the matter. Abu Dhabi’s Mubadala wants to bring in the new investors as part of a restructuring process after the bank was suffered under the pandemic. The bank informed some of its clients last month that it would stop providing corporate accounts to clients, after reviewing its strategy and taking the decision to restructure, according to a letter seen by Bloomberg. Anglo-Gulf Trade Bank was founded in 2018 through a collaborative venture between AGTB Holdings Limited, a Rowland family controlled company, and Mubadala.
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DUBLIN, LONDON and DUBAI, United Arab Emirates, Feb. 7, 2021 /PRNewswire/ The world s first digital trade finance bank, Anglo-Gulf Trade Bank (AGTB) Limited ( AGTB ), based in the United Arab Emirates (UAE), has chosen Fenergo, the leading provider of digital Client Lifecycle Management solutions (CLM) to deploy its CLM platform.
Fenergo will enable AGTB to meet its strategic objective to disrupt the trade finance market with a cloud-based, digital-first and client-centric model leveraging emerging technologies such as data analytics and API connectivity. With the ability to assess and mitigate risk more effectively utililsing Fenergo s CLM solutions, AGTB can deliver a more integrated, real-time offering to its clients.