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First Abu Dhabi Bank expands partnership with Temenos to modernize Saudi banking with cloud-native tech.

Market News
06 May 2026
Na
View Source
Bullish
pluang ai news

First Abu Dhabi Bank (FAB) is extending its collaboration with Temenos to upgrade its core banking and payment systems in Saudi Arabia. This move aims to support sharia-compliant banking services and ensure regulatory compliance under Saudi Vision 2030. The implementation uses Temenos' cloud-native technology to enhance governance, digital capabilities, and customer experience across retail, SME, and corporate segments. The partnership builds on over a decade of successful cooperation and strengthens FAB's presence in the Saudi financial market.

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