A Change of Guard

សូមស្តាប់វិទ្យុសង្គ្រោះជាតិ Please read more Khmer news and listen to CNRP Radio at National Rescue Party. សូមស្តាប់វីទ្យុខ្មែរប៉ុស្តិ៍/Khmer Post Radio.
Follow Khmerization on Facebook/តាមដានខ្មែរូបនីយកម្មតាម Facebook: https://www.facebook.com/khmerization.khmerican

Tuesday 30 June 2009

National Bank of Cambodia chooses Oracle Flexcube as banking platform

Oracle Financial Services Software, a majority-owned subsidiary of Oracle, announced that National Bank of Cambodia has selected Oracle Flexcube as the banking platform for its operations.

As the regulator, National Bank of Cambodia plays an important role in the design and implementation of the financial sector development program for the Kingdom of Cambodia.

National Bank of Cambodia`s implementation of a new, integrated core banking system is viewed as a critical componenet of the development program and has the ongoing support of the Asian Development Bank.

Oracle Flexcube will help automate National Bank of Cambodia`s current processes for operations across deposits, loans, foreign exchange, money markets securities, funds transfer and asset management.

The project includes two local partners; interFlex will provide National Bank of Cambodia with environmental software and implementation services for the core banking implementation. Neeka part of the Thakral Group of companies, will provide the hardware infrastructure and support services for the project.

Shares of the company declined Rs 19.7, or 1.53%, to trade at Rs 1,265.00. The total volume of shares traded was 2,541.00 at the BSE (12.51 p.m., Tuesday).

No comments: