Kumar Mangalam Birla Set to Partner with Abu Dhabi Investment Authority to Invest in the Zand

Abu Dhabi -As per the Economic Times report, Kumar Mangalam Birla is set to partner with the Abu Dhabi Investment Authority (ADIA) to invest in the Zand, UAE’s first independent digital bank.  The Zand plans to launch both corporate and retail services later this year. Zand, the first time fully digital bank, aims to challenge the conventional banking competitors in the region. ADIA is the Abu Dhabi Government’s most significant investment platform and one of the greatest sovereign wealth assets on the planet. Birla will be the first Indian to invest resources into a banking system in the Middle East.Abu Dhabi -As per the Economic Times report, Kumar Mangalam Birla is set to partner with the Abu Dhabi Investment Authority (ADIA) to invest in the Zand, UAE’s first independent digital bank.  The Zand plans to launch both corporate and retail services later this year. Zand, the first time fully digital bank, aims to challenge the conventional banking competitors in the region. ADIA is the Abu Dhabi Government’s most significant investment platform and one of the greatest sovereign wealth assets on the planet. Birla will be the first Indian to invest resources into a banking system in the Middle East. […]