October 30, 2018 / 7:26 AM / 21 days ago

Citi granted licence to set up Citibank branch in Abu Dhabi

DUBAI, Oct 30 (Reuters) - Citigroup has been granted a licence to set up a branch of Citibank at Abu Dhabi Global Market, a financial centre in Abu Dhabi, it said on Tuesday.

The new branch will provide liquidity management to Citi’s clients looking to establish regional treasury centres in the United Arab Emirates, it said.

Reporting By Tom Arnold; Editing by Kirsten Donovan

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