Daniel Delechat News Today

European Depositary Bank, the Luxembourg-headquartered provider of banking, depositary and custody solutions, today announces the expansion of its relationship with Arab Bank (Switzerland) Ltd. (“ABS”), in its capacity of portfolio manager of AB Alternative Fund SICAV-SIF, to provide depositary services. Founded in Switzerland in 1962, ABS offers private banking services for high-net-worth individuals and entrepreneurs.

As part of the new mandate, EDB has been selected to provide depositary services for 32 bank accounts for 14 special purpose vehicles

European Depositary Bank (“EDB”), the Luxembourg-headquartered provider of banking, depositary and custody solutions, today announces its appointment by Arab Bank (Switzerland) Ltd. (“ABS”) for the provision of digital banking services.