Thai Government Bank Selects TEMENOS CoreBanking
Thailand’s Bank for Agriculture and Agricultural Cooperatives (BAAC) has signed a deal with TEMENOS to implement its supply core banking system to BAAC and its 600 branches. According to the bank, the solution will upgrade several of its key business areas including customer information facilities (CIF), retail loans, deposits, branch automation, Management Information Systems (MIS), and treasury services. The implementation was undertaken by BAAC in line with its objectives to seek new business channels for the bank, which include ATMs, online banking, debit and credit cards.