EDB to support Arab Bank’s real estate ambitions in Emea
European Depositary Bank, a Luxembourg-based provider of banking, depositary and custody solutions that is part of the Apex Group, on Monday said it has been appointed by Arab Bank to support its real-estate ambitions in the European, Middle East and Africa region (Emea) with digital banking services.
EDB said it has been selected to provide services for 32 bank accounts for 14 special purpose vehicles as part of Arab Bank’s 400 million euro pan-European real estate strategy.