Azerbaijan bank applies Oracle FLEXCUBE as core banking platform

Oracle Financial Services, a wholly owned subsidiary of Oracle Corporation, has announced that the International Bank of Azerbaijan (IBA) has applied Oracle FLEXCUBE Universal Banking System as its core banking platform.

Oracle FLEXCUBE will help the bank achieve a single view of its customers across all the products and services utilized within the institution apart from meeting the growing demands of its customers and improving overall operational efficiency.

The software covers all major areas of rich, comprehensive and integrated solution for universal banking.

Last month, the National Bank of Cambodia and PRASAC Microfinance Institution (PRASAC) had selected Oracle FLEXUBE as the banking solution for its operations.