ADGM Licence and global clearing partner secured

CAB, a leading B2B FX and Payments provider to fast‑growth and dynamic markets, today announces that its Middle Eastern subsidiary, CAB Global Markets (CAB GM), has secured a Category 2 Financial Services Permission from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). Separately, CAB is pleased to confirm it has secured a significant new global clearing partnership.

The Group will announce its full-year results for the 2025 financial year on 5 March 2026 as scheduled.

ADGM Licence secured

The FSRA Category 2 Licence builds on CAB's existing network, technology, and expertise to empower the specialist bank's work in facilitating the two‑way flow of funds in and out of fast‑growing and complex markets, strengthening economies and empowering communities across Africa, South Asia, and the Middle East. Specifically, the licence enables CAB GM to facilitate cross‑border payments, foreign exchange transactions, trade finance instruments, and arrange credit.

ADGM's position as a leading international financial centre with robust regulatory standards makes it an ideal location for CAB GM to extend its services across the Gulf and Middle East, while executing on its purpose to deliver prosperity in the markets it serves.

New global USD and Euro clearing partner

The Group is also pleased to announce that it has established a strategic clearing partnership with another leading global bank. Through this collaboration, the Group's clients will gain greater access to USD and Euro clearing services, enabling deeper liquidity across both new and existing markets, and enhancing connectivity with key target regions. This partnership also materially reinforces the Group's operational resilience, strengthening service delivery while supporting broader diversification across its clearing capabilities.

Neeraj Kapur, Group CEO, commented:

"These two announcements mark a significant step forward in our strategy. The granting of the licence strengthens our ability to deliver on our purpose with our increasing client base and expand our presence in key growth regions. The UAE's geographic position, sophisticated regulatory environment, and deep capital markets make it one of the world's leading financial centres. Importantly, our additional clearing partnership with another global banking institution materially enhances our growth opportunities."