ADK applies for “Badoer Capital” banking license in Dubai! Joint operation with a bank in Singapore!
neokichiblog
This article translated what I wrote in japanese into English. Although it may be unclear by the expression of English, if you read this article you can grasp the image of ADK(Aidos Kuneen)
neokichi
This time we will introduce ADK’s Dubai Bank, “Badoer Capital”.
myako
Thank you
neokichi
If you want to know the overall picture of the ADK project, check out the article below!
“Badoer Capital”, which came out of ADK founder Don on February 18, 2020, is a company established by ADK to conduct banking business in Dubai. He applied for a banking license with the Dubai International Financial Center (DIFC).
myako
ADK launches a bank in Dubai! ?
neokichi
Credit is very high when it comes to Dubai banks ♪
One of the directors is head of Emirates NBD wealth managment
Badoer Capital seems to have three directors, one of which is head of Emirates NBD wealth managment.
myako
Emirates NBD Bank! ! What kind of bank is it?
neokichi
Emirates NBD Bank is a very large bank with 10,000 employees owned by the Government of Dubai ♪ The top of the Emirates NBD wealth managment Bank will be one of the directors of ADK’s Dubai Bank “Badoer Capital”, so in Dubai The establishment of a commercial bank is likely to be smooth!
The Dubai International Financial Center (DIFC) has bank licenses from Step 1 to Step 5. It seems that you can set up a bank from the license in Step 3 and accept deposits. ADK first applied for a license for Step1.
myako
Step1! First step ♪
neokichi
It looks like it will take about a year to set up a commercial bank in Dubai. And Step1 seems to get a license in 3-4 months.
myako
One year? It’s going to take a while …I will wait patiently ♪
neokichi
Yeah. But in fact, if you get the license of Step1, it seems that ADK can be sold as a financial product ♪
myako
Oh, Is that right!?
neokichi
Yeah ♪ But ADK’s Dubai bank “Badoer Capital” can’t sell it alone, so it looks like you’ll be launching ADK’s investment products in collaboration with a Singaporean bank.
Jointly operated with a Singapore bank
Until ADK’s Dubai Bank “Bader Capital” acquires a commercial bank license, it appears that the ADK will be sold as a leveraged investment product in a joint operation with a bank in Singapore.
Selling ADK leveraged investment products to wealthy customers
ADK’s Dubai Bank, “Badoer Capital”, appears to have signed an agreement with Singaporean banking clients to guide their wealthy to investment projects. And it is said that the wealthy will invest about $ 100- $ 150 million!
Of course, not all 100-150 million dollars will be invested in ADK, but the good news is that ADK will be sold to the wealthy as an investment product.
myako
$ 100 million! After all wealthy people are amazing ♪
neokichi
Of course, not all are invested in ADK, but it’s amazing that ADK can be marketed as an investment product to the wealthy!
neokichi
ADK holder Yoshi has compiled the latest information on ADK with images, Refer to the following.
neokichi
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