National Data Consultants (NDC), the only business partner of Temenos in Pakistan and a leading provider of IT solutions for the Banking and Financial sector in the Middle East & Africa region, has signed an agreement with Enjaz Capital Islamic Microfinance Bank (ECIMB), for the implementation of T24 Banking Software and Temenos Mobile Banking Solution.
A formal agreement was signed between the Middle-East based institution, Enjaz Capital Islamic Microfinance Bank and NDC for the timely execution of T24 R14 banking system. As part of the implementation, the Temenos solution will fulfil the requirement of a state-of-the-art, cost-effective, Core-Banking System (CBS). The T24 banking software will seamlessly support Shariah-compliant lending and deposit-taking activities while accompanying perspective growth and product diversification.
Speaking on the occasion, the Chairman and founder of NDC Behram Ahmed said, "We are delighted to be selected by a prestigious institution like Enjaz Capital, as their partner for the implementation of Temenos Mobile Banking solution and T24 software. NDC offers unmatched expertise in the implementation of the T24 Core-banking solution and this agreement will help Enjaz Capital to establish a comprehensive and sophisticated network to contribute in the economic development of the Middle-East region." Enjaz Capital is financed by German Investors (Finance in Motion) for implementation of T24 R14 Banking Software and Temenos Mobile Banking Solution - ECIMB is a new Greenfield bank with a vision to become a leader in providing focused financial and non-financial services to the owners of small and micro enterprises.-PR
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