Aditya Birla Group and Franklin Templeton have invested in UAE-based digital bank Zand. Abu Dhabi's Al Hail Holding, Al Sayyah & Sons Investments, Global Development Group, Yusuff Ali of Lulu Group, and Zand co-founder Olivier Crespin also invested in the bank. Earlier in December, Zand shareholders completed the acquisition of the majority of shares in Dubai Bank from Emirates NBD.