Soneri Bank selects Temenos’ T24 core banking system
Mohammad Aftab Manzoor, Soneri Bank
Pakistan-based Soneri Bank has chosen Temenos’ T24 core banking system to replace FIS Allprofits. National Data Consultants (NDC), Temenos’ regional partner and integrator, will deliver the project.
Soneri Bank president and CEO Mohammad Aftab Manzoor, says: “With this technological transformation and our mission to provide innovative and efficient financial solutions, we aim to uplift our customer experience to international standards.”
The bank operates 266 domestic branches, including 16 Islamic branches.
Temenos’ MD for Middle East and Africa, Jean-Paul Mergeai, says this is the vendor’s tenth signing in Pakistan.
Other users of T24 in the country include long-standing customers Allied Bank, Meezan Bank, Bank Alfalah, JS Bank and NIB Bank.
A more recent addition is Samba Bank, a subsidiary of a Saudi financial services group, which signed for T24 last year. Its parent has been working on its own T24 project in Saudi Arabia for a number of years already.
However, the vendor has recently lost out on a contract with Summit Bank in Pakistan to rival Path Solutions.
