State Bank of Pakistan partners with Temenos and NdcTech to upgrade its Core Banking System

Nov 25, 2015

Press release

November 25th, 2015 – State Bank of Pakistan has recently signed an agreement with Temenos and NdcTech for the upgrade of its Core Banking System.

Temenos today is the leading Core Banking system in Pakistan and the top ranking company globally. SBP first acquired Temenos Core Banking Solution in the year 2000 which will now be upgraded to the latest release. The new system carries many technical and functional refinements which will strengthen Bank’s Core Banking operations. Temenos will perform the Upgrade in Pakistan with its implementation partner NdcTech.

Signing Ceremony for the SBP’s Core Banking System Upgrade was chaired by Saeed Ahmed, Deputy Governor State Bank of Pakistan and Jean-Paul Mergeai, Managing Director Temenos, Middle East and Africa and Behram Ahmed, Chairman NdcTech along with senior members of organizations.

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