IslamicFinance.de

Yemen’s Al Kuraimi Islamic Bank (KIB) is replacing its legacy IT systems with a single cloud-native, cloud-agnostic digital banking platform from Temenos. Temenos Infinity will support the delivery of hyper-personalised, omnichannel customer experiences and allow KIB to provide faster, seamless customer service. Temenos Transact will optimise KIB’s operations and enable the delivery of enhanced digital products with shorter timescales for delivery. Established in 2010, KIB has 1.2 million customers and is aiming to reach 5 million by 2023. Its goals include making financial services easily accessible across Yemen, supporting socioeconomic development, and raising the national standard of living.