DK Bank’s Abu Dhabi Approval Is ‘a Milestone for DK and for Bhutan’

DK Bank’s Abu Dhabi approval is ‘a milestone for DK and for Bhutan’

Bhutan’s DK Bank has received In-Principle Approval from ADGM’s Financial Services Regulatory Authority to establish a regulated subsidiary in Abu Dhabi. The approval gives the bank a pathway toward its first financial services presence outside Bhutan. DK plans to offer brokerage, custody, payments and advisory services through the Abu Dhabi entity. That is subject to […] This story continues at The Next Web

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Bhutan’s DK Bank Gets Preliminary Approval for Abu Dhabi Subsidiary

The proposed unit would offer brokerage, custody, payments and advisory services linking Gelephu Mindfulness City with global capital and financial institutions.

From Bitcoin Mining to Global Banking, Bhutan Eyes Abu Dhabi

On Thursday, DK Bank, Bhutan’s fully digital bank, announced it had secured preliminary regulatory approval to establish a financial services presence in Abu Dhabi, United Arab Emirates. The development marks another step in the bank’s international ambitions, positioning Bhutan’s Gelephu Mindfulness City (GMC) to forge stronger ties with global financial institutions and investors. Bhutan’s Digital […]

Bhutan’s DK Bank Receives ADGM In-Principle Approval for Abu Dhabi Expansion

Bhutan-based DK Bank has received in-principle approval from the Financial Services Regulatory Authority (FSRA) of ADGM, Abu Dhabi’s international financial centre. The bank intends to establish a subsidiary in ADGM to provide brokerage, custody, payments and advisory services. However, the subsidiary cannot begin operations until DK meets the conditions of the approval. The bank must also obtain a final Financial Services Permission (FSP), whic…