FAB acquires 100% of Yasira Financial Services

First Abu Dhabi Bank (FAB) announced that it has acquired 100 per cent of Yasira Financial Services B.S.C. (C), a Bahrain-based fund administration and trust services platform.

The acquisition represents a strategic step in advancing FAB’s integrated Securities Services offering. By bringing together Yasira’s established fund administration platform and specialist expertise with FAB’s leading regional custody capabilities, the transaction will strengthen the Bank’s ability to deliver integrated solutions to asset managers and institutional investors across public and private markets.

Yasira’s platform supports a diverse range of investment strategies, including public assets, private equity, venture capital and real estate, across multiple entities, structures and jurisdictions.

For private-market funds, the platform provides support throughout the fund lifecycle, from investor commitments and capital calls to allocations, financial reporting, and final distributions. These capabilities will complement FAB’s existing custody services for public-market assets, providing regional and international investment managers with access to a broader range of solutions through a single Securities Services platform.

The acquisition will further strengthen FAB’s MENASSA Securities Services offering by combining Yasira’s specialist fund administration expertise with the Bank’s regional and global custody, cash management and foreign-exchange capabilities.

WAM