Reported by: banking|Updated: April 4, 2019
National Bank of Bahrain has selected TCS BaNCS as its core banking system as part of its digital transformation to diversify its business lines, deliver superior customer experience, and leverage the power of an extended and connected ecosystem. The bank today has operations across multiple countries as well as in Bahrain, the UAE, and Saudi Arabia. The new solution spans customer management, loans, deposits, payments, origination, Islamic banking and liquidity management for retail and corporate banking and will enable a unified customer experience across multiple channels while leveraging multi-country and multi-entity capabilities. The bank is also looking to collaborate and integrate with the emerging ecosystem of fintechs in the region’s banking and financial industry by leveraging TCS BaNCS’ open APIs, digitized workflows, and cognitive capabilities.