Tunisia’s state-controlled Banque de l’Habitat has selected Temenos banking platform to support its digital transformation.

The bank has selected Temenos’ T24 Core Banking as well as its Payments, Channels, Analytics, Financial Crime Mitigation and Enterprise Risk Management.

Banque de l’Habitat CEO Ahmed Rjiba said: “The implementation of Temenos’ software will enable Banque de l’Habitat to launch new and innovative products and services more quickly to our customers.

“The platform will provide the means for our growth ambitions and enable us to continue to maintain the course of our achievements in deploying our new business model and evolving our offering.

“As a result, we will be able to continue to pursue our strategic vision, and further deliver on our ambitions to be a leading universal bank.”

Why Banque de l’Habitat selected Temenos banking platform?

The Tunisian bank said to have selected Temenos banking platform due to its better functionality and lowest total cost of ownership over a five-year span compared to other solutions.

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The implementation with be carried out in a single migration onto the Temenos platform. It would be followed by the implementation of Analytics and Channels.

Temenos regional director of French-Speaking territories Laurent Bramy said: “By partnering with Temenos as it launches its digital transformation project, Banque de l’Habitat will deliver compelling banking experiences to its customers.

“The bank will benefit from our packaged, easily upgradeable technology, and a front-to-back solution that will allow it to not only benefit from new revenue streams but also lower its total cost of ownership.”

Banque de l’Habitat provides a varied range of financial products and services to individual and corporate customers. It includes credit services, short and long-term loans, payment facilities as well as international operations.