FAB acquires Yasira Financial Services
09 November 2026 UAE
Image: Predrag/stock.adobe.com
First Abu Dhabi Bank (FAB) has acquired 100 per cent of Bahrain-based Yasira Financial Services, a fund administration and trust services platform.
The acquisition aims to strengthen FAB’s Securities Services offering by combining Yasira’s fund administration expertise with the bank’s regional custody capabilities.
Yasira’s platform supports a 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 services throughout the fund lifecycle, including investor commitments, capital calls, allocations, financial reporting, and final distributions.
These capabilities will complement FAB’s existing custody services for public-market assets, allowing regional and international investment managers to access a broader range of services through a single platform.
The acquisition will also expand FAB’s Middle East, North Africa, Sub-Saharan Africa Securities Services offering by integrating Yasira’s fund administration capabilities with the bank’s custody, cash management, and foreign exchange services.
FAB says the combined offering will provide asset managers and institutional investors with more integrated solutions across public and private markets.
Commenting on the acquisition, Pantelis D. Lekkas, group head of Investment Banking and Markets at FAB, says: “The regional funds industry continues to grow in scale and sophistication, driving demand for integrated servicing capabilities.
“This acquisition is an important step in strengthening FAB’s Securities Services franchise and reinforces our commitment to delivering comprehensive, high-quality solutions that respond to the evolving needs of Middle East based clients.
“Our priority will be to ensure continuity for Yasira’s clients while investing in the platform, talent and capabilities needed to support their growth. Together, we will bring greater regional scale and local market expertise to fund managers operating across increasingly complex investment structures and jurisdictions.”
The acquisition aims to strengthen FAB’s Securities Services offering by combining Yasira’s fund administration expertise with the bank’s regional custody capabilities.
Yasira’s platform supports a 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 services throughout the fund lifecycle, including investor commitments, capital calls, allocations, financial reporting, and final distributions.
These capabilities will complement FAB’s existing custody services for public-market assets, allowing regional and international investment managers to access a broader range of services through a single platform.
The acquisition will also expand FAB’s Middle East, North Africa, Sub-Saharan Africa Securities Services offering by integrating Yasira’s fund administration capabilities with the bank’s custody, cash management, and foreign exchange services.
FAB says the combined offering will provide asset managers and institutional investors with more integrated solutions across public and private markets.
Commenting on the acquisition, Pantelis D. Lekkas, group head of Investment Banking and Markets at FAB, says: “The regional funds industry continues to grow in scale and sophistication, driving demand for integrated servicing capabilities.
“This acquisition is an important step in strengthening FAB’s Securities Services franchise and reinforces our commitment to delivering comprehensive, high-quality solutions that respond to the evolving needs of Middle East based clients.
“Our priority will be to ensure continuity for Yasira’s clients while investing in the platform, talent and capabilities needed to support their growth. Together, we will bring greater regional scale and local market expertise to fund managers operating across increasingly complex investment structures and jurisdictions.”
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