JMR Infotech to implement core banking system at Bakhtar Bank


Kozhikode: JMR Infotech, a leading technology solutions and services provider, has announced that Bakhtar Bank, a wholly owned subsidiary of Azizi Bank in Afghanistan, has selected the company to implement core banking system to achieve high levels of operational efficiency and resilience.

As part of the deal, JMR Infotech will implement Oracle FLEXCUBE at Bakhtar Bank replacing its existing systems to keep pace with the rapidly changing operational priorities, improve banking efficiency and provide greater insight into the constantly changing Shariah compliant banking sphere. JMR Infotech will also implement Oracle FLEXCUBE Direct Banking solution at the Bank.

“We are in the process of converting Bakhtar Bank into the first full-fledged Islamic Bank of Afghanistan and we believe that JMR Infotech is the right partner to help us in this technology driven business transformation. In our evaluation, we found that JMR Infotech can provide the necessary transformation in a quick and efficient manner and prepare us for the opportunities and challenges of the future. This implementation will enable us in several key areas such as new product offerings, tight compliance and cost effective operations,” said Amer Khalil urRehman, President & CEO of Bakhtar Bank.

“We are glad to partner with Bakhtar Bank in their transformation project and support their ambitious growth plans. This deployment will provide Bakhtar Bank with a robust platform to expand the business and enhance customer experience,” said Jayafar Moidu, CEO of JMR Infotech.

With delivery and development centres in Kozhikode, Chennai and Bangalore, and a sizable global presence and customers spread across five continents, JMR Infotech is a leader in Information Technology solutions and services.

Kerala IT News