UAB Partners with ADX to Offer Seamless IPO Subscription Services for Customers

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UAB Partners with ADX to Offer Seamless IPO Subscription Services for Customers (Image Courtesy: UAB)
UAB Partners with ADX to Offer Seamless IPO Subscription Services for Customers (Image Courtesy: UAB)

United Arab Bank (UAB) has announced a strategic collaboration with Abu Dhabi Securities Exchange (ADX), one of the regionโ€™s fastest-growing exchanges, to facilitate access to Abu Dhabi-based capital markets. This partnership will enable UABโ€™s customers to seamlessly subscribe for upcoming IPOs (Initial Public Offerings) directly through the bank, or through ADXโ€™s eIPO Investor Portal, ensuring a simple, secure, and customer-centric experience.

This collaboration further strengthens UABโ€™s wealth offering and digital proposition by integrating investment opportunities into its ecosystem. It empowers customers to participate in the UAEโ€™s dynamic capital markets with enhanced accessibility and transparency.

The signing ceremony, hosted at ADXโ€™s headquarters in Abu Dhabi, was attended byย Abdulla Salem Alnuaimi,ย Group Chief Executive Officer of ADX, andย Shirish Bhide, Chief Executive Officer of UAB, along with senior executives from both organisations.

Leveraging this partnership, UAB customers will benefit from a fully integrated IPO application process, directly accessible via UABโ€™s Mobile Application. This initiative transforms what was once a complex procedure into a smooth, guided experience. It enables customers to subscribe to new market opportunities with confidence and ease.

UAB and ADX Logo (Image Courtesy: UAB and ADX Official Website)

Shirish Bhide,ย Chief Executive Officer of United Arab Bank, commented:ย โ€œThrough this collaboration, we are proud to extend our partnership with ADX and expand our services beyond traditional banking by giving our customers direct access to IPO opportunities. This initiative reflects our commitment to innovation, customer empowerment, and creating long-term value. By embedding investment services into our digital channels, we are enabling our customers to engage with the UAEโ€™s thriving capital markets in a more inclusive and transparent way.โ€

Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, said:โ€œADX is pleased to collaborate with United Arab Bank to provide investors with seamless access to IPO subscriptions through our eIPO Investor Portal and the bankโ€™s channels. This initiative underscores our commitment to enhancing the investor journey with innovative digital solutions. Partnering with leading institutions to expand access to Abu Dhabiโ€™s capital markets remains central to our strategy as we continue offering a broader range of products and services for issuers and investors.โ€

The partnership underscores UABโ€™s ongoing commitment to digital transformation and customer empowerment, while reaffirming its strategy to deliver innovative, market-relevant solutions that create meaningful opportunities for growth.

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