Samba Bank Limited-owned subsidiary of Samba Financial Group, Kingdom of Saudi Arabia, recently signed a contract with Temenos, world’s largest banking software company, for hosting their core banking system, T24 Release 15 (R15). The agreement was inked by Temenos EMEA Managing Director Jean-Michel Hilsenkopf and Samba Bank CEO and President Shahid Sattar at the Samba Bank head office in Karachi. “This strategic partnership shall enable Samba Bank Pakistan to meet its regulatory obligations and take advantage of Temenos global leadership in innovative products and installation base to serve customers with unrivalled functionality and improved services,” said Sattar.
Published in The Express Tribune, August 1st, 2015.
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