Samba Bank modernizes to the latest Temenos Core Banking Platform with NdcTech

Aug 5, 2021

Press release

saudia-arabia-tourism

Samba Bank signed an agreement with NdcTech to modernize to the latest Temenos Core Banking Platform. The picture shows the signing ceremony, with Mr. Shahid Sattar, CEO & President Samba Bank, (right) & Ms. Ammara Masood, CEO & President NdcTech, (left) along with senior executives of both organizations

Karachi, Wednesday, August 4, 2021: Samba Bank Pakistan, a fully owned subsidiary of the largest bank in the Middle East (Saudi National Bank) has signed an agreement with NdcTech to modernize to the latest Temenos Core Banking Platform. This will allow the Bank to rapidly launch new innovative products, streamline its banking operations, drive homeownership through growth in Naya Pakistan, foster SME development and lending, and seek to be the foremost trusted partner for top-tier corporates and institutions.

Samba Banks envisions to hyper-scale its presence through digitization rather than traditional channels. This Upgrade will modernize the Bank’s Digital Core, making products and services accessible to its customers via existing and new digital channels.

NdcTech’s expertise in the Pakistan Model Bank approach delivers pre-configured, localized functionality and best practices, reducing the need for customization and decreasing timescales for delivery, enabling the Bank to comply with local regulatory requirements and best practices. This partnership will also enable Samba Bank to establish a modern banking architecture.

Mr. Shahid Sattar

Mr. Shahid Sattar

CEO & President Samba Bank

Temenos Transact provides the most extensive and richest set of banking functionalities across Retail, Corporate, Commercial, SME, Agriculture, Payments and Regulatory Compliance. We believe this commitment with our long-term partner NdcTech to modernize the Core will provide the leap forward we need to enhance our market share and deliver better services and products through multiple channels.

Ms. Ammara Masood

Ammara Masood

CEO & President NdcTech

We are proud to build on our long-standing relationship with Samba Bank across Pakistan and regionally to support their aggressive growth plans in the coming years. Through this agreement, we will be providing the Upgrade expertise and local regulatory layer that will prepare the Bank for the future. We want to continue expanding our proven track record and enable digital transformation for Banks.

Press Release Contacts

FEATURED THIS WEEK

Explore how we transform Banks for the future

The new face of banking

Latest News

ASA Microfinance Bank partners with Systems & NdcTech to offer inclusive financial services

NdcTech and Systems will deliver end-to-end core banking implementation and support services to ASA Microfinance Bank.

Read More
The new face of banking

Latest News

UAE’s Invest Bank Selects Temenos Banking Cloud to Accelerate Digital Transformation with NdcTech

Invest Bank has selected Temenos and NdcTech to take its digital and core banking to the cloud

Read More
The new face of banking

Latest News

NdcTech exhibited its offerings at Singapore Fintech Festival 2022

NdcTech was a proud exhibitor at the Singapore Fintech Festival 2022 that welcomed more than 60,000 attendees and over 850 speakers.

Read More
The new face of banking

Latest News

NdcTech participates as Silver Sponsor at Cedar IBSi Summit

NdcTech participates as Silver Sponsor at Cedar IBSi Summit that brought together industry experts and bankers to deliberate on global industry experience

Read More
The new face of banking

Latest News

NdcTech named Finalist at Banking Tech Awards 2022 for Tech Team of the year

NdcTech is nominated as a finalist in the Top Tech Team of the Year category at the Banking Tech Awards due to its remarkable performance in building future-ready banks.

Read More
The new face of banking

Latest News

NdcTech participates as a Bronze Sponsor at Temenos Regional Forum 2022

NdcTech representatives met with industry leaders in the APAC region and presented NdcTech’s unmatched offerings that can transform their banks.

Read More

FEATURED THIS WEEK

The new face of banking

Latest News

ASA Microfinance Bank partners with Systems & NdcTech to offer inclusive financial services

NdcTech and Systems will deliver end-to-end core banking implementation and support services to ASA Microfinance Bank.

Read More
The new face of banking

Latest News

UAE’s Invest Bank Selects Temenos Banking Cloud to Accelerate Digital Transformation with NdcTech

Invest Bank has selected Temenos and NdcTech to take its digital and core banking to the cloud

Read More
The new face of banking

Latest News

NdcTech exhibited its offerings at Singapore Fintech Festival 2022

NdcTech was a proud exhibitor at the Singapore Fintech Festival 2022 that welcomed more than 60,000 attendees and over 850 speakers.

Read More
The new face of banking

Latest News

NdcTech participates as Silver Sponsor at Cedar IBSi Summit

NdcTech participates as Silver Sponsor at Cedar IBSi Summit that brought together industry experts and bankers to deliberate on global industry experience

Read More
The new face of banking

Latest News

NdcTech named Finalist at Banking Tech Awards 2022 for Tech Team of the year

NdcTech is nominated as a finalist in the Top Tech Team of the Year category at the Banking Tech Awards due to its remarkable performance in building future-ready banks.

Read More
The new face of banking

Latest News

NdcTech participates as a Bronze Sponsor at Temenos Regional Forum 2022

NdcTech representatives met with industry leaders in the APAC region and presented NdcTech’s unmatched offerings that can transform their banks.

Read More

Let's start a conversation

Contact us now and a representative will be in touch.

Stay Connected! Sign Up For Our Newsletter

Transforming the landscape for Banks & Financial Institutions

Let’s
Talk About You

We understand what your business needs are, and can help you reach your goals. Reach out to us today to know more.

Follow us on

Get in
Touch

If you have any queries, our team is always here to help. Feel free to contact us. Click to connect now

connect now