One of the largest independent thrift banks in the Philippines selected Swiss banking software provider Temenos to support its corporate development growth.
The Philippine Resources Savings Banking Corporation (PR Savings Bank), the fifth largest independent thrift bank in the Philippines, has signed for Temenos T24 Core Banking and Analytics. The bank is aiming to deliver services to the masses and agriculture society in Philippines.
Instant Changeover
PR Savings Bank is expanding its business lines from loans into deposits and chose Temenos as the platform to support the move. The bank has opted for a big bang implementation approach, launching all of its business lines simultaneously in order to benefit from the new technology in the quickest timeframe.
«We are pleased to continue our momentum in APAC, and we are thrilled to welcome PR Savings Bank into our client community,» said Martin Frick, managing director of Asia Pacific at Temenos in a press release.
