Mubasher: Tata Consultancy Services (TCS) has announced that National Bank of Bahrain (NBB) selected TCS BaNCS for Core Banking to be integrated into the bank’s digital transformation to diversify its business lines and enrich the experience of its customers.
TCS BaNCS solution will standardise and streamline NBB’s operations across many countries where the Bank operates, including Bahrain, the UAE, and Saudi Arabia, according to a company statement released on Thursday.
“As part of our ongoing journey of transformation, we are pleased to announce another milestone in this process with the selection of TCS BaNCS,” NBB’s chief operating officer Iain Blacklaw commented.
TCS BaNCS caters for customer needs relevant to customer management, loans, deposits, payments, origination, Islamic banking, and liquidity management for retail and corporate banking.
TCS Financial Solutions’ head Venkateshwaran Srinivasan stated: “With the selection of TCS BaNCS for Core Banking, spanning retail and business banking, NBB will be able to establish a customer-centric, experience-led foundation and create newer business models that drive value for their customers and partners alike.”
