Tag : Bank of Abyssinia

Bank of Abyssinia Selects Newgen for Delivering Superior Customer Experience
Banking Finance News

Bank of Abyssinia Selects Newgen for Delivering Superior Customer Experience

Fintech News Desk
by Fintech News Desk0
The Ethiopia-based bank aims to transform its retail and SME loan processes Newgen Software, a global provider of low code-based digital transformation platform, NewgenONE, announced that Bank of Abyssinia, one of the fastest growing banks in Ethiopia has onboarded Newgen for end-to-end automation of retail and small and micro enterprise (SME) loan types.......
Azentio Software Successfully Delivered Its Shariah-compliant Profit Calculation And Distribution System
Banking News

Azentio Software Successfully Delivered Its Shariah-compliant Profit Calculation And Distribution System

Fintech News Desk
by Fintech News Desk0
Azentio Software, a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced that Bank of Abyssinia (“BoA”) has successfully gone live with iMAL*IslamicFinancing and iMAL*ProfitCalculationSystem in less than four months, to support the growth of its Islamic window operations. Azentio’s Shariah-compliant profit calculation and distribution system makes profit distribution highly efficient. With the......
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