TCS BaNCS to replace Oracle FLEXCUBE at Bank of Bhutan

oracleTata Consultancy Services said Bank of Bhutan has selected TCS BaNCS for its Core Banking Solution.

Bank of Bhutan is the largest commercial bank in the Kingdom of Bhutan with a network of 46 branches, including extension branches, 62 ATMs, a state-of-the-art mobile banking solution and a dedicated Contact Center and is the official bank of the government.

Bank of Bhutan is at present on the Oracle FLEXCUBE CBS platform, having implemented it in the year 2009.

“With a focused goal of moving onto a high-growth trajectory, the Bank has embarked on a project of upgrading its core banking system and has selected TCS BaNCS as the solution partner for this engagement and to replace the existing system, after an in-depth evaluation of shortlisted vendors from a broad array of leading IT software providers,” TCS said.