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.
Founded in Switzerland in 1962, ABS offers private banking services for high-net-worth individuals and entrepreneurs. EDB has been selected to provide digital banking services for 32 bank accounts for 14 special purpose vehicles ("SPVs") as part of ABS' €400m pan-European real estate strategy.
Apex Group's Digital Banking services, delivered by subsidiary EDB provide an agile and responsive solution for institutional clients including Asset Managers and SPVs, Family Offices, Corporates, Trusts and UHNWI. EDB's...
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