Bank of Bahrain and Kuwait B.S.C to deploy Finacle Core Banking from Infosys
Bangalore, Oct. 31, 2002: Infosys, India's leading software and solution provider today announced that Bank of Bahrain and Kuwait B. S. C. (BBK), one of the premier banks of Bahrain, has selected Finacle Core Banking, the new generation core banking solution from Infosys, for its operations in India. The Bank's Indian operations comprises of branches in Mumbai and Hyderabad.
"This initiative will help the bank to strengthen its channel strategies, launch new products and enhance existing customer service", said Mr. R. Venkataramani, General Manager and Chief Executive Officer, Bank of Bahrain and Kuwait, Indian Operations.
"We are very pleased to partner with Bank of Bahrain and Kuwait, B. S. C in their initiative to revamp their existing banking software. Finacle Core Banking solution is not just a technologically advanced and functionally rich solution, but a product, which can scale - up and assist the bank in meeting the future challenges. It is no accident that twelve out of sixteen banks in India that have gone in for centralized core banking in the last 24 months, have chosen Finacle Core Banking. Our powerful product capabilities combined with our proven rapid implementation track record have given us significant competitive leadership in this space. " said Mr. Girish Vaidya Senior Vice President and Head, Banking Business Unit, Infosys Technologies Ltd.