This page contains a Flash digital edition of a book.
Core banking systems country analysis CENTRAL & SOUTH EAST ASIA


This is a large, diverse area that includes parts of the Caucasus, the Central Asian Republics, the Indian subcontinent and


mainland South-East Asia. This


probably accounts for a less than clear-cut picture of trends over time, with peaks and troughs, rather than an obvious pattern. The economies tend to be fairly resilient, although there is cause for concern in some, and clearly political instability in a few countries.


India tends


relatively active countries which in recent years have generated good business,


to dominate but there are some other particularly Bangladesh


and Vietnam. It is a region that tends to buy packages (although there are exceptions, notably Turkey) and the Indian heavyweight suppliers plus Temenos feature prominently, amidst a range of country-specific or small regional vendors. 2015 saw 37 deals being signed in this region, with a lions share of 28 deals being with Universal Banking systems.


Afghanista


Understandably, this is a country with little banking infrastructure but the rebuild process has involved attempts to support the sector and its automation. There were a couple of deals in 2009, with Oracle FSS’s Flexcube


selected at Kabul Bank (later rebranded as New Kabul Bank, following a corruption scandal) and Malaysia-based Infopro with its ICBA system at Bakhtar Bank. There were no deals in 2010, 2011 or 2013. Small UK-based supplier,


International Financial Systems, also claimed an order from New Kabul Bank in 2012. Both Oracle FSS and Infopro already had sites in the


country. Flexcube is used by Afghan United Bank, with the selection in 2009. By late 2011, the bank had 15 branches on the system, with another five planned. The first taker of Flexcube in the country was Afghanistan International Bank, back in 2003. Infopro’s user was Azizi Bank, which signed in 2007


and was set up by prominent businessman, Mirwais Azizi. However, Azizi Bank was a win in the country in 2014 for Oracle’s Flexcube. There is the possibility that


Iranian banks will move


into Afghanistan and one supplier to these, Tosan (via its Malaysia-based offshoot, IDCorp), is hopeful of gaining business as a result.


196 In the microfinance sector, Temenos’ Emerge system


(slimmed down version for MFIs of Globus/T24) was to have been implemented by Aga Khan for Economic Development entity, First Microfinance Bank, a signing in 2004, but this did not occur. GIZ with its MBWin system has a relatively large number of MFI users in the country. There are two government-owned banks, Bank-e-Millie


Afghan and Pashtanay Bank, nine private banks, four foreign banks at present (all from Pakistan) and a host of MFIs.


Bangladesh


Bangladesh has been relatively busy in terms of core banking system selections in the last few years. These have been spread across a small number of foreign providers – mainly Temenos, Oracle FSS and Polaris – which compete with a few domestic providers. The country’s population of 140 million is served by 42 banks via 4000+ branches. Financial inclusion is on the rise and many banks have been struggling to cope due to their branch-based, decentralised systems or, in some locations, lack of systems at all. In 2010, the central bank of Bangladesh mandated all banks to move to automated core banking systems. There has been a rush of new banks, attributed to


the growth of the economy and the resultant increasing demand for banking services from the large unbanked


Market Dynamics Report www.ibsintelligence.com


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112  |  Page 113  |  Page 114  |  Page 115  |  Page 116  |  Page 117  |  Page 118  |  Page 119  |  Page 120  |  Page 121  |  Page 122  |  Page 123  |  Page 124  |  Page 125  |  Page 126  |  Page 127  |  Page 128  |  Page 129  |  Page 130  |  Page 131  |  Page 132  |  Page 133  |  Page 134  |  Page 135  |  Page 136  |  Page 137  |  Page 138  |  Page 139  |  Page 140  |  Page 141  |  Page 142  |  Page 143  |  Page 144  |  Page 145  |  Page 146  |  Page 147  |  Page 148  |  Page 149  |  Page 150  |  Page 151  |  Page 152  |  Page 153  |  Page 154  |  Page 155  |  Page 156  |  Page 157  |  Page 158  |  Page 159  |  Page 160  |  Page 161  |  Page 162  |  Page 163  |  Page 164  |  Page 165  |  Page 166  |  Page 167  |  Page 168  |  Page 169  |  Page 170  |  Page 171  |  Page 172  |  Page 173  |  Page 174  |  Page 175  |  Page 176  |  Page 177  |  Page 178  |  Page 179  |  Page 180  |  Page 181  |  Page 182  |  Page 183  |  Page 184  |  Page 185  |  Page 186  |  Page 187  |  Page 188  |  Page 189  |  Page 190  |  Page 191  |  Page 192  |  Page 193  |  Page 194  |  Page 195  |  Page 196  |  Page 197  |  Page 198  |  Page 199  |  Page 200  |  Page 201  |  Page 202  |  Page 203  |  Page 204  |  Page 205  |  Page 206  |  Page 207  |  Page 208  |  Page 209  |  Page 210  |  Page 211  |  Page 212  |  Page 213  |  Page 214  |  Page 215  |  Page 216  |  Page 217  |  Page 218  |  Page 219  |  Page 220  |  Page 221  |  Page 222  |  Page 223  |  Page 224  |  Page 225  |  Page 226  |  Page 227  |  Page 228  |  Page 229  |  Page 230  |  Page 231  |  Page 232  |  Page 233  |  Page 234  |  Page 235  |  Page 236  |  Page 237  |  Page 238  |  Page 239  |  Page 240  |  Page 241  |  Page 242  |  Page 243  |  Page 244  |  Page 245  |  Page 246  |  Page 247  |  Page 248  |  Page 249  |  Page 250  |  Page 251  |  Page 252  |  Page 253  |  Page 254  |  Page 255  |  Page 256  |  Page 257  |  Page 258  |  Page 259  |  Page 260  |  Page 261  |  Page 262  |  Page 263  |  Page 264  |  Page 265  |  Page 266  |  Page 267  |  Page 268  |  Page 269  |  Page 270  |  Page 271  |  Page 272  |  Page 273  |  Page 274  |  Page 275  |  Page 276  |  Page 277  |  Page 278  |  Page 279  |  Page 280  |  Page 281  |  Page 282  |  Page 283  |  Page 284  |  Page 285  |  Page 286  |  Page 287  |  Page 288  |  Page 289  |  Page 290  |  Page 291  |  Page 292  |  Page 293  |  Page 294