Financial Daily from THE HINDU group of publications
Wednesday, Nov 30, 2005
Financial Daily from THE HINDU group of publications Wednesday, Nov 30, 2005 |
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Info-Tech
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Software Money & Banking - Software Saudi bank chooses Finacle Our Bureau
BANGALORE: Infosys on Tuesday said that Arab National Bank (ANB) has chosen its core banking solution `Finacle' to power its aggressive focus on the burgeoning retail banking market in Saudi Arabia. "The decision of ANB, an existing Finacle customer for e-banking, to choose Finacle for core banking as well, is a strong reinforcement of their belief in the partner. This win further consolidates our leading position in the Saudi market and strengthens Finacle's position as the choice of solution for large banks in the retail and universal banking space worldwide," the Finacle Vice-President and Business Head, Merwin Fernandes, said, in a notice to the Bombay Stock Exchange.
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