Financial Suite Implementation at Al-Baraka Bank
Al Baraka Bank is founded in 1991 and it currently has more than 224 branches in more than 100 cities. The total assets of this bank are around 1.1 billion USD.
During their business expansion, they wanted to have partnership with a company who can target various problems of the bank with great expertise in it. They met with our product experts and found out that we provide all-in-one solution, which was their major requirement at that time.
They believed that, “it’s cost-effective to get all the solutions from one company in order to avoid the hassles of getting solutions from different companies”.
For this reason, they bought our whole financial suite, which includes, Corporate Cash Management, Retail Internet Banking and Remittance Processing System.
From our financial solution, their business expansion not only got smoother but also much profitable.