QNB Group Receives Saudi Central Bank License for $666 Million Digital First EZ Bank

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The Saudi Central Bank has announced the approval of a new digital bank in the kingdom called EZ Bank, a 666 million dollar digital-first bank in partnership with Ajlan & Bros Holding Group and Qatar National Bank. EZ Bank is designed for youth and entrepreneurs and will offer secure and inclusive financial services through mobile-first and AI-driven platforms. The launch aims to support Saudi Arabia’s digital economic and fintech goals.

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