Kuwait set for first independent digital bank license

clock • 1 min read
Kuwait set for first independent digital bank license

Kuwait-based logistics company Agility - one of the largest in the MENA region- has applied for a licence to establish a digital bank. The move is part of the company's ongoing focus on digital initiatives vice chairman and chief executive Tarek Al Essa said on Tuesday in a statement to the Dubai Financial Market. "Agility has requested a licence to establish a digital bank but there is nothing material at the moment," he said. The company's comments came in response to an August 23 report...

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