Islamabad, Pakistan – March 19th, 2019 – Khushhali Microfinance Bank Limited, the largest microfinance bank in Pakistan, announced that it has successfully gone live with a full suite of Temenos Financial Software thanks to the combination of  its partners Temenos the world’s #1 Banking Software  and NdcTech award winning  IT provider specializing in banking.

The Bank has deployed with NdcTech the full suite from Temenos with Pakistan Model Bank approach, which enables pre-configured country specific functionality for Temenos Core Banking; Digital Platform (Internet and Mobile); Financial Crime Mitigation (FCM) and Analytics. This will help the bank to accelerate its strategic growth plans.

Temenos CBS has converged five banking systems into T24 Core through big bang approach with 186 branches and service centers, servicing two million plus customers and processing eight hundred thousand loans. The bank has also enhanced its digital channels for Internet and Mobile Banking along with enablement of Field Officers for loan processing digitally.

Khushhali bank is the 12th Bank to have completed the transformation with Temenos and NdcTech in Pakistan. This success story proves that when teams with diverse expertise and domains collaborate, they can produce extra ordinary results.

President and CEO, Khushhali Microfinance Bank, Ghalib Nishtar appreciated the exemplary collaboration of Khushhalibank, NdcTech & Temenos and stated, “From bank’s perspective, it’s a major milestone as the new system will improve customer experience, increase operational efficiency and reduce risks. We are very excited with the capabilities the system provides and look forward to embarking on our digital journey.”

“I would like to congratulate all team members for their efforts towards successful completion of this project”, he further added.

President & CEO NdcTech, Ms. Ammara Masood stated, “Banks who want to thrive in a fast and evolving landscape need mission-critical solutions and reliable local partners to succeed. Our partnership with Khushhali Microfinance Bank has enabled us to achieve this success together with Temenos. We want to continue expanding our proven track record and support other banks with their digital transformation journeys as well”.

Jean Paul – Managing Director, Temenos Middle East & Africa said, “Temenos are delighted to announce the recent go-live of Khushhali Bank Pakistan, our 12th bank in the country to partner with us in deploying the next generation of banking software. As the largest microfinance bank in Pakistan, we are proud to welcome Khushhali to our ever growing Temenos community and look forward to working with them on their digital roadmap both now, and well into the future. This transformational program was an achievement for all stakeholders involved and once again highlights the success and strength in the Temenos partner network.”


About Khushhali Microfinance Bank:
Khushhali bank came into existence as a first microfinance bank in the country with the promulgation of the Khushhali Bank Ordinance by the Government of Pakistan as part of its national Poverty Reduction Strategy and Microfinance Sector Development Program in the year 2000. The Bank’s initial capital was sponsored by the fifteen commercial banks with major shareholding by NBP, HBL, MCB and UBL. The bank has SBP license to operate nationwide with its corporate office located in Islamabad.
About NdcTech:
NdcTech is an award winning partner of Temenos (the worlds #1 Banking Software) providing unmatched services and innovations to financial institutes and banks. The company delivers transformational services including Consulting on best practices, Implementation, Upgrade, Support and Training of Temenos and other Partner solutions. NdcTech collaborates with customers in Pakistan & MEA to enhance their digital capabilities and solves their toughest challenges by driving innovations to create new products and business models. Their expertise and experience is in the areas of Conventional Banking, Islamic Banking, Central Banking, Microfinance Banking, Investment Banking and Non-Banking Financial Institutes. Please visit
About Temenos:
Temenos Group AG (SIX: TEMN), headquartered in Geneva, is a market leading software provider, partnering with banks and other financial institutions to transform their businesses and stay ahead of a changing marketplace. Over 2,000 firms across the globe, including 38 of the top 50 banks, rely on Temenos to process the daily transactions of more than 500 million banking customers. Temenos customers are proven to be more profitable than their peers: over a seven year period, they enjoyed on average a 31% higher return on assets, a 36% higher return on equity and an 8.6 percentage point lower cost/income ratio than banks running legacy applications.
For more information please visit