Bahrain’s Mumtalakat and ARP Group launch AI-driven wholesale bank in Bahrain
Bahrain Mumtalakat Holding Company and ARP Group announced a partnership on November 1, 2026, to establish an AI-native and blockchain-enabled wholesale bank in Bahrain. The venture holds in-principle approval from the Central Bank of Bahrain but requires final authorisation before regulated operations begin. The bank targets institutional clients, payment companies, and cross-border businesses,…
Key points
- Bahrain Mumtalakat and ARP Group partner to launch an AI-driven wholesale bank in Bahrain with in-principle Central Bank approval
- Target clients include regulated financial institutions, payment companies, and cross-border businesses needing multi-market banking solutions
- ARP Digital reports $3.5B in processed volume, 450+ clients, and 4x volume growth in 2025
Mumtalakat, Bahrain’s sovereign wealth fund, combines its long-term investment approach with ARP Group’s expertise in institutional finance and digital infrastructure. ARP Digital, a subsidiary of ARP Group, specialises in digital asset services, including liquidity desks, remittance, and collections, with over $3.5 billion in processed volume and support for more than 10 currencies. The bank’s design integrates AI across operations, with programmable services connected via APIs, while human oversight ensures governance and risk controls. Products will roll out in phases based on client engagement.
Bahrain’s Mumtalakat, ARP Group Unveil AI-Driven Wholesale Bank Venture
Unite.AI · 1 November 2026
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