Abu Dhabi First Bank has become a direct participating bank in the People's Bank of China's Cross-Border Interbank Payment System (CIPS).
First Abu Dhabi Bank announced that it has officially become a direct participant bank in the Renminbi Cross-Border Interbank Payment System (CIPS) in recent days. FAB Group CEO Hana Al Rostamani stated: "By directly participating in the Renminbi Cross-Border Interbank Payment System, we have significantly enhanced our ability to provide faster, more secure, and more efficient Renminbi payment solutions and real-time settlement."
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