AFR:
Background to the $433m investment in Xinja Bank

AFR: Background to the $433m investment in Xinja Bank

James Eyers of the Financial Review gives insight into “The sheikhs behind the Dubai Xinja Bank plunge” and looks at all the regulatory processes, in Dubai and Australia, that a deal like this has to go through go to get approval.

“The company, formed under United Arab Emirates law, holds an investment banking and stockbroking licence and answers to several Middle Eastern regulators”

You can read the full article here: (Please note, The AFR is behind a paywall).

You can read our full press release here.

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