Arab National Bank: Renews partnership with Microsoft Arabia

The fruitful partnership between Arab National Bank and Microsoft Arabia has enabled the Bank's journey in developing many business sectors

Arab National Bank: Renews partnership with Microsoft Arabia

Arab National Bank has renewed its cooperation agreement with Microsoft Arabia to support both the bank's digital transformation and technical development process, particularly in the field of interactive reporting, strengthening the remote work system, enabling bank employees to use smart applications, and using technical tools to both increase their operational efficiency and stimulate their job performance.

The agreement was signed by the Bank's Chief Operating Officer, Mr. Ayed Al Zahrani, Microsoft Arabia's Vice President of Customer Success, Mr. Osama Al Sulaiman, in the presence of Arab National Bank CEO, Mr. Obaid Abdullah Al Rasheed, and the President of Microsoft Arabia Eng Thamer Alharbi.

"The partnership with Microsoft Arabia, a company that is leading in the technology industry, will support and enable the Bank's strategic directions in the field of digital transformation on more than one level, including strengthening its infrastructure, enabling its employees to apply best technical practices in their functional processes, thereby enriching the customer experience, improving the quality and level of banking services and solutions provided to them, and meeting their growing needs at any time and place effectively and flexibly," said Ayed Al Zahrani after the signing ceremony.

In turn, Mr. Osama Al Sulaiman, Microsoft’s Vice President of Customer Success, appreciated this step, pointing out that the relationship with Arab National Bank, as one of the most prominent Saudi banks, is an extension of the enablement that Microsoft provides to integrate digital transformation and enhance its financial digital infrastructure and operational efficiency, while stressing the importance of this partnership, which is to invest, develop and modernize the technological structure and digital transformation, in accordance with the highest standards and specifications, to facilitate access to financial services, provide the right environment for the requirements of this transformation and enhance financial inclusion, and diversify digital financial services."

The fruitful partnership between Arab National Bank and Microsoft Arabia has enabled the Bank's journey in developing many business sectors under the umbrella of its digital transformation strategy towards Arab National bank (ANB)’s digital transformation journey which includes information and cyber security, artificial intelligence in customer services, and enhancing customer experience, as the Bank moves towards accelerating the completion of its transactions. It has also raised the efficiency of its digital operations to about 50% during the coming period, after it was able to record a 30% growth in its performance rate during the previous period.


Send us your press releases to

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases