Arab Bank: Revolutionizing App Development and Innovation with Google Cloud

Arab Bank, a leading financial institution in the Middle East, recognized the need to innovate and modernize its services to maintain its market position and attract new customers. Despite its strong presence in the market, the bank faced challenges in responding quickly to the growing consumer market and the small and midsize enterprise (SME) sector. The Middle East and North Africa (MENA) region, where Arab Bank operates, has a largely unbanked population, with a significant portion interested in new digital tech capabilities. The bank also had to deal with legacy systems and applications, which made it difficult to release new features and functionalities frequently. Furthermore, Arab Bank had to navigate regulatory constraints such as data residency rules in the countries where it operates.

Arab Bank, headquartered in Amman, Jordan, is a leading financial institution with more than 600 branches across five continents. The bank offers a wide range of financial products and services for individuals, corporations, and other financial institutions, including consumer banking, corporate and institutional banking, and treasury services. With 2020 assets of $54.4 billion, Arab Bank is publicly held and listed on the Amman Stock Exchange. It serves customers in the Middle East and North Africa (MENA) region, a market with significant growth opportunities due to a large unbanked population and a high interest in digital tech capabilities.