Pakistan’s Largest Bank, HBL, select the Temenos core banking platform to provide domestic and international operations with a cutting-edge banking experience. The Temenos implementation will include a full suite of client-friendly products and services that will provide end-to-end, technologically advanced solutions to both HBL’s conventional and Islamic banking clients.
HBL will onboard over 25 million of the Bank’s clients onto Temenos open platform for composable banking. Fast onboarding and quicker transaction processing will provide a more seamless client experience, enabling HBL to increase its digital footprint across Pakistan and internationally.
“The open technology platform provided by Temenos is flexible, global-ready and has the breadth of banking services to meet our clients’ fast-developing banking needs. This partnership contributes to our goal to become a ‘Technology company with a banking license”Muhammad Aurangzeb, President & CEO at HBL
The new platform will accelerate the Bank’s services across all segments, markets, and channels and will also enhance adherence to local banking regulations and improve reporting standards for international markets in China, GCC, Europe, and SAARC countries.
“At HBL, we are always looking at better ways to serve our clients. By adopting this leading platform, we will add to our capability to give clients an improved experience when using our services, now and for many years to come.”Sagheer Mufti, Chief Operating Officer at HBL