Crestbridge secures new Bahrain licence
Crestbridge has been granted a new fund administration licence by the Central Bank of Bahrain.
The licence comes after the firm restructured its Bahrain business to accommodate Crestbridge’s future growth plans. This included separating its trustee and fund administration businesses into separate units, named Crestbridge Bahrain and Crestbridge Fund Services, respectively.
The fund administrator has operated in Bahrain for the past 17 years and acquired Ohad Trust in 2017.
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