Khushhali Microfinance Bank transforms its Core Banking system with Temenos and NdcTech

Mar 28, 2017

PRESS RELEASE

Pakistan-based Khushhali Microfinance Bank has recently signed agreement with Temenos & NdcTech to implement Temenos’ Transact and Temenos Connect for digital channels

The project will be delivered by National Data Consultant (NdcTech), an award winning regional partner of Temenos.

Khushhali Bank is the first Microfinance bank in Pakistan, founded in 2000. It was set up as part of the country’s government programme to reduce poverty and develop the microfinance sector. Its shareholders include United Bank Limited (UBL), Bank Al Habib and Credit Suisse Fund Management Company.

Temenos and NdcTech have a well-established customer base in Pakistan, including NIB Bank, Samba Bank and Soneri Bank.

Press Release featured in Fintech Futures

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