22 C
Yaounde
Wednesday, 18 September 2019 01:01
Home AFRICAN COUNTRIES ARB Apex Bank renews contract with Temenos for Inclusive Banking

ARB Apex Bank renews contract with Temenos for Inclusive Banking

 [Digital Business Africa] – Temenos (SIX: TEMN) the banking software company, today, 30 may 2019, announced that ARB Apex Bank has chosen to renew its contract with Temenos to continue its mission to provide banking and non-banking services for Ghana’s Rural and Community Banks (RCB’s) and their customers. Using Temenos banking software, ARB Apex Bank serves over six million customers with almost seven million accounts, processing an average of 220,000 daily transactions and empowering Ghanaians with modern day financial services.

The bank, which acts as the “mini” central bank for Ghana’s RCBs, connects 144 rural and community banks in Ghana, totaling 700+ branches. ARB Apex Bank has opted for Temenos Infinity, the breakthrough digital banking product and Temenos T24 Transact, the next generation core banking system as well as a host of additional solutions including Risk and Compliance and Temenos Payment Hub.

ARB Apex Bank was recently recognized as part of the “Best in Banking Awards” held at the Temenos Community Forum in The Hague in April 2019 and awarded the “Best Inclusive Banking” prize. This award recognizes ARB Apex Bank for delivering a truly customer-centric experience and for passing on its operating costs efficiencies to its end-customers in the spirit of financial inclusion.

Established Ghana in 2000 and receiving its banking license in 2001, ARB Apex Bank became a Temenos client in October 2009. The bank currently has 11 branch offices throughout the country and hosts over 140 Rural and Community Banks (RCBs) on a private cloud, run from their premises in Accra, Ghana.

Kojo Mattah, Managing Director ARB Apex Bank, said: “It is our desire to use technology-enabled products to support our member banks in becoming customer-centric organizations with innovative, value-added services for their customers. With Temenos banking software, we gain operational efficiencies and we can offer seamless and compelling banking experiences. We want our customers to feel confident and proud to walk into the banking halls of our RCBs and receive outstanding products and services”.

Jean-Paul Mergeai, Managing Director Middle East & Africa at Temenos, said: “I am delighted to announce the continuation of our longstanding relationship with ARB Apex Bank. We have worked together for almost 10 years now and we look forward to extending our relationship. Temenos cloud-native, package and functionally rich offering which is also tailored for the needs of inclusive banking will help the bank towards its admirable vision of increasing customer satisfaction and offering access to financial services to the broader population. .

Temenos has actively sought to grow and strengthen our team in the region significantly over the past number of years as well as expanding our footprint with financial institutions of all sizes from Central and Tier 1 banks, to microfinance organizations. We now serve 157 customers across 35 countries in Africa, all of whom receive the same world-class Temenos software regardless of their size”.

By Digital Business Africa

Digital Business Africa
Digital Business Africa
Digital Business Africa est le site web de référence sur les infos stratégiques du secteur des TIC, des Télécoms et du Numérique en Afrique. Il est animé par une équipe de journalistes et d'experts passionnés de ces thématiques. Son Directeur de publication est Beaugas Orain DJOYUM , journaliste et consultant en e-Réputation, en communication digitale et en veille stratégique. Pour contacter Digital Business Africa : [email protected] Téléphone: +237 243 25 64 36

LEAVE A REPLY

Please enter your comment!
Please enter your name here

FOLLOW US ON YOUR SOCIAL MEDIA

33,045FansLike
6,290FollowersFollow
329SubscribersSubscribe

DOWNLOAD THE MAGAZINE VERSION

SUSCRIBE TO OUR NEWSLETTER

*Required field. (Your email is secured)
 




MOST READ ARTICLES

WHATSAPP NEWSLETTER

FOLLOW US ON TWITTER

Côte d'Ivoire : Dr GUIBESSONGUI N’Datien prend officiellement ses fonctions de nouveau Directeur de Cabinet du ministère du numérique - https://t.co/cGXHetQXlj

Kenya : Safaricom distribue plus de 720 millions de dollars de dividende à ses actionnaires - https://t.co/mNiINPTC0J

Télécommunications : La SADC veut supprimer le roaming entre ses membres avant la fin 2019 - https://t.co/cDYnVycgTx

Voir plus...

Cameroon, a real reference in Africa with 100% scanning technology for scanning containers

- After the customs services of Benin, the customs services of Nigeria are also interested in the Cameroon experience in the...

Thierry Breton*: The future of supercomputers is being written in Europe [OPINION]

The election of Ursula von der Leyen as the next European Commission president is the perfect opportunity to start a series of...

Cameroon: PM Joseph Dion Ngute asks Henri Eyebe Ayissi to accelerate the digitization of 130,000 land titles

- At the cabinet meeting on 25 July 2019 in Yaoundé chaired by Prime Minister Joseph Dion Ngute (Photo: Hakon...

Morocco: The 2019 AITEX Business Forum will be held on October 24 and 25, 2019 in Rabat with Congo and China as a country...

- The 4th edition of AFRICA IT EXPO (AITEX 2019), the International Business Forum on Information Technology, will be held on...