Alizz Islamic Bank SAOG, Oman’s newest Islamic Bank, today announced that it has jointly won the ‘‘Best Branch Automation Project Award in the Middle East” along with NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies. Alizz Islamic Bank won the award at The Asian Banker’s Middle East and Africa Country 2014 award ceremony, becoming the only bank in the Middle East to win an award in this category.
Held in Dubai, the 2014 edition of the awards was attended by more than 100 senior bankers from across the Middle East and Africa. Considered the most prestigious of its kind, the awards recognize the best efforts by the consumer financial services industry in bringing superior technology, products and services to their customers. The scoring of the award is based on several crucial elements, such as growth in client base, transaction volume and value as well as the range of unique features of products and service offered by the bank.
Commenting on the award, His Highness Sayyid Taimur Bin As'ad Bin Tarik Al Said, Chairman, Alizz Islamic Bank, said: “We are very proud to have won this prestigious international award. I would like to thank all of our customers for their loyalty and belief in Alizz. This is a first for any bank in the region to win this prestigious award within seven months of operations. I would like to thank NCR Corporation, our partners who were able to understand our requirements accurately and deliver the latest software and hardware technology to make our branch banking services unique and customer friendly. I would like to also thank our employees for their commitment for making Alizz Islamic Bank as one of the foremost Islamic banking providers of Shari’a compliant products and services in the Sultanate.”
NCR supported the set-up of core banking infrastructure for Alizz Islamic Bank, including UCS servers, networking equipment, middleware, ATM controller, call centre, security and IP telephony.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts