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QNB Group, the largest financial institution in the Middle East and Africa, has announced that it has received license approval from the Saudi Central Bank (SAMA) to establish a new digital-first bank, ezbank, in partnership with Ajlan & Bros. Holding. The new entity will launch with a capital of SAR 2.5 billion.

The initiative marks a major milestone in QNB Group’s strategy to drive financial inclusion and digital transformation, while aligning with broader economic development goals in the region. Ezbank is designed to deliver a new model of customer-centric banking, focused on innovation, efficiency, and accessibility.

With a strong emphasis on youth and entrepreneurs, the bank will provide digital-first solutions tailored to meet evolving customer needs. Its services will be built on mobile-first platforms, AI-driven tools, and advanced risk management systems, ensuring seamless transactions, greater financial access, and support for the digital economy.

The establishment of ezbank further underscores QNB Group’s commitment to reshaping the banking landscape across its network of operations, which spans more than 28 countries across three continents.

By leveraging innovation and technology, ezbank aims to offer simple, inclusive, and secure financial solutions that will enhance customer experiences and contribute to the growth of the region’s financial ecosystem.

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