Digital-Only Banks in the Middle East
Strategies and Operating Models
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The GCC banking landscape is emerging as a significant growth opportunity, driven by increasing fintech competition, evolving customer expectations, and greater support for digital banking innovation. As financial institutions explore new operating models to accelerate growth and improve efficiency, digital-only banking is gaining momentum across the region.
This report from Celent examines how banks across the GCC are approaching this opportunity. Based on the market study of 50 organisations including banks, fintechs, and investors, the report provides a comprehensive view of market readiness, competitive dynamics, customer preferences, operating models, technology strategies, investment priorities, and execution challenges.
Download the report to explore:
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