Cooperative Bank of Oromia in Ethiopia partners Mastercard for prepaid cards and Community Pass
The bank’s CEO says the partnership will deliver “secure and adaptable financial tools” to consumers.
The bank’s CEO says the partnership will deliver “secure and adaptable financial tools” to consumers.
Phase one of the implementation project at Rammis Bank was completed in 30 days.
The bank will implement the Flexcube core banking system from Oracle FS.
Ethiopia-based Siinqee Bank has signed for the Flexcube core banking system from Oracle FS.
The bank will utilise Path Solutions’ iMAL core banking platform.
Addis International Bank, Arab Commercial Bank, and OmniBSIC Bank are the new Flexcube takers.
Bank of Abyssinia has over 4.6 million customers and 580+ branches and Islamic windows.
Project has been in the works since 2012.
ICFS Banks to be rolled out across five branches.
OIB’s end-of-day processing has been reduced to less than 30 minutes as a result.
Aiming to push the cashless economy in the country.