News Africa and Gulf Bank Selects Temenos to Deliver Digital Transformation on the Cloud Temenos digital and core banking solution will enable the bank to provide innovative products faster to retail and corporate customers in Sudan and around the worldPress Releases, Temenos – Company – CompanyGENEVA, Switzerland – October 26, 2023 – Temenos (SIX: TEMN) today announced that Africa and Gulf Bank (AGB), one of the progressive banks in Sudan, has selected Temenos to modernize its digital and core banking capabilities. The Temenos solution, hosted on the cloud, will enable AGB to provide innovative products faster to retail and corporate customers in Sudan and around the world. Qamber Al Mulla, Chairman, Africa and Gulf Bank (seated left) and William Moroney, Managing Director, Middle East and Africa, Temenos (seated right) signing the agreementHaving acquired Sudan based operations of a major Gulf Corporation Council (GCC) bank, AGB commenced operations in late 2021. Temenos digital and core banking will enable the bank to leap forward in the evolving digital economy in the country by providing modern-day products and financial services in Sudan. Sudan has a digitally savvy population and a growing fintech industry offering a variety of banking services.

Source: The North Africa Journal October 26, 2023 18:19 UTC