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LAHORE: The Bank of Punjab (BOP), one of the leading financial institutions with network of 640 branches across Pakistan, has signed an agreement with NdcTech, an award-winning regional partner of Temenos. The agreement was signed by Zahid Mustafa (Group Chief Consumer & Digital Banking - BOP) & Ammara Masood (CEO & President - NdcTech).

As part of this agreement, NdcTech will be implementing the next generation digital banking solution by Temenos, that helps financial institutions to accelerate their digital transformation initiatives, bringing world-class front and middle office transactional capabilities. Through this implementation, Bank of Punjab will be able to provide an Omni-channel experience to its customers, accelerate digital customer on boarding, & become more agile and scalable.

Speaking on the occasion, Zafar Masud (President & CEO - The Bank of Punjab) said, "The Bank of Punjab envisions to design a unique "Banking" experience for this new digital world. Digital Transformation is a key pillar in achieving our goal of being among the top five commercial banks of Pakistan."

Ammara Masood (CEO & President - NdcTech) expressing her views on the occasion said, "We are delighted to have this opportunity of strategic cooperation with The Bank of Punjab in its drive to transform and digitize the Bank. Thanks to the leading-edge technology of Temenos for Digital Banking and NdcTech's extensive expertise in Banking Implementations, The Bank of Punjab will be able to leverage the new possibilities of digital banking, and to provide its customers with modern user experiences based on the leading-edge Infinity platform."-PR

Copyright Business Recorder, 2021

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