Marfin Laiki Bank
In 2011 SEMTEXX was selected by Marfin Popular (Laiki) Bank to implement lending process automation process involving Temenos T24 Arrangement Architecture (Lending) and Process Workflow modules as well as local development in Temenos T24 environment also delivered by our consultants. Solution was delivered in 6 months as well as assistance in UAT process and user training on implemented workflow use and potencial enhancements, if need arises.
Project Info
Client
Marfin Laiki Bank
Cyprus Popular Bank (from 2006 to 2011 known as Marfin Popular Bank) was the second largest banking group in Cyprus
Established in 1901 as Popular Savings Bank of Limassol by 2012 it held a 16% share of the Cyprus market in loans and a 14.4% share of deposits. Its shares were listed on the Cyprus Stock Exchange and the Athens Stock Exchange. CPB had a network of more than 295 branches in Cyprus, Russia, Ukraine, Romania, Serbia, the UK and Malta. In 2010 bank was named as the bank of the year in Cyprus by the Banker.
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