Abu Dhabi holding firm ADQ teams up with Etisalat, FAB and Alpha Dhabi to launch new digital bank – ITP.net

Abu Dhabi holding firm ADQ teams up with Etisalat, FAB and Alpha Dhabi to launch new digital bank – ITP.net

The UAE Central Bank has granted an in-principle approval to launch a new digital banking platform called Wio.

The digital bank is being launched by ADQ, an Abu Dhabi-based investment and holding company, in partnership with Etisalat Group and First Abu Dhabi Bank (FAB).

With its headquarters in Abu Dhabi, Wio will enhance the capital’s growing reputation as a global financial services center at the leading edge of digital banking.