![]() ![]() Our group operates with an unrivalled reputation for world - class financial solutions comparable with the best in the world and has played a major. Our partnership with Temenos and Samba has enabled us to achieve this success. Samba Bank Limited operates as a majority owned subsidiary of the Samba Financial Group, Kingdom of Saudi Arabia, which is one of the region's largest and most acclaimed financial services groups. Banks who want to thrive in a fast evolving landscape need mission-critical solutions and reliable local partners to succeed. We are also particularly happy with our excellent collaboration with NDC, whose dedication, resourcefulness and expertise enables the delivery of key transformational projects such as this one.”Īmmara Masood, President and CEO of NDC commented, “Samba Bank achievement is due to the hard work of all teams and the leadership of the Bank. By having our Core Banking solution in place, Samba Bank Pakistan is leveraging cutting-edge technology that should give them a competitive edge in a fast moving market, increase operational efficiency, reduce risks and improve customer service. ![]() Jean-Paul Mergeai, Managing Director for Temenos Middle East & Africa, commented: “I would like to congratulate Samba Bank Pakistan on the achievement and implementation of such an important program and milestone for the bank. Temenos collaboration with NDC and approach of implementing Pakistan Model Bank has helped us to complete the project on time and provides a very reliable Core Banking Solution.” Shahid Sattar appreciated the exemplary collaboration of Samba Bank, NDC & Temenos and stated “ This is a key achievement for Samba Bank which helps us deliver our digital growth strategy and enhanced service capabilities to our customers. President& CEO of Samba Bank Ltd Pakistan, Mr. The new system carries many technical and functional enhancements including Temenos Product Builder AA which will strengthen bank’s core banking operations and facilitate with launching of new innovative products. The bank replaced its parent legacy system STAR to Temenos Core Banking System, release 15 and its Financial Crime Management solution, version 5.The teams successfully implemented Pakistan Model Bank version at Samba Bank Pakistan and migrated all 37 branches in one go. The Bank of Canada today held its target for the overnight rate at 5, with the Bank Rate at 5¼ and the deposit rate at 5. Temenos teamed up with regional partner, National Data Consultant (pvt) Ltd (“NDC”) on the implementation for this project. Samba Bank Limited Pakistan, a majority owned subsidiary of Samba Financial Group of Saudi Arabia has successfully implemented the new Temenos Core Banking software R15 for its retail and corporate banking services. ![]()
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