Arab Bank Switzerland has launched a new entity, Arab Bank Switzerland ME Ltd, in the Abu Dhabi Global Market (ADGM), marking a significant expansion of its presence in the UAE. This development is important because it highlights the growing importance of digital assets in the region's financial landscape. The new entity will operate under a Financial Services Permission (FSP) from the ADGM's Financial Services Regulatory Authority (FSRA), allowing it to provide advisory services on digital assets.
The ADGM unit, led by CEO Valérie Noël, will cater to a diverse range of clients, including financial institutions, fintech companies, and high-net-worth individuals. These clients will benefit from the bank's expertise in navigating the complex world of digital assets, which is becoming an increasingly important part of investment portfolios. According to Valérie Noël, Chief Executive Officer of Arab Bank Switzerland ME Ltd, investments in digital assets require the same level of discipline, transparency, and rigorous standards as traditional asset classes.
What the licence covers
The FSP licence granted to Arab Bank Switzerland ME Ltd enables the entity to advise clients on the management and planning of their digital asset holdings. The bank's expertise in this area is built on its experience in Switzerland, where it was the first FINMA-regulated private bank to offer cryptocurrency custody and trading in 2019.
Arab Bank Switzerland's expansion into ADGM is part of its broader strategy to establish a strong presence in the UAE. In June 2026, the group opened ABS (Middle East) Ltd in the Dubai International Financial Centre (DIFC), which focuses on wealth management for entrepreneurs, family offices, and high-net-worth individuals. The Abu Dhabi unit will complement the DIFC entity, allowing the group to support clients across both traditional wealth management and digital assets.
Why it matters for UAE investors
The launch of Arab Bank Switzerland ME Ltd in ADGM is significant for UAE investors, as it provides them with access to a range of digital asset advisory services. The bank's expertise in this area will help investors navigate the complex world of digital assets, which is becoming increasingly important for investment portfolios. With its assets under management reaching nearly US$25 billion, Arab Bank Switzerland is well-positioned to support the growing demand for digital asset services in the region.
- Digital asset advisory services
- Cryptocurrency custody and trading
- Staking and lending services
- Legacy planning services
In conclusion, the launch of Arab Bank Switzerland ME Ltd in ADGM marks an important milestone in the bank's expansion into the UAE. With its expertise in digital assets and its strong presence in the region, the bank is well-positioned to support the growing demand for digital asset services. As the region's financial landscape continues to evolve, Arab Bank Switzerland is committed to providing its clients with the highest level of service and expertise.
