Powering NMB Bank’s next chapter of digital transformation.
NMB Bank Tanzania is now live on Oracle FLEXCUBE Universal Banking (FCUBS) 14.7, implemented with Profinch. The go-live marks a significant milestone in the Bank’s technology transformation journey and gives one of Tanzania’s largest banks a modern core banking platform built to serve customers at national scale.
Flexcube, a core built for banking at national scale
NMB Bank serves customers across Tanzania through branches, agents and mobile channels. Its core platform needed to support that reach reliably, every day:
- 9.9M+ customer accounts
- 80,000+ NMB Wakala banking agents
- 6M NMB Mkononi mobile banking users
Source: NMB Bank Plc.
A transformation of real scale and depth
The programme covered more than 36 business areas and delivered over 100 customisations tailored to NMB Bank’s business requirements. Profinch worked with the Bank end to end, across six workstreams from design to stabilisation:
- Solution design and development
- Integrations
- Data migration
- Testing
- Cutover
- Production stabilisation
Many stakeholders, one programme
A go-live of this size depends on many teams pulling in the same direction. Five stakeholder groups worked as one team throughout: NMB Bank, its business teams, third-party integrators, Oracle as the OEM, and the Profinch project team. Their commitment, perseverance and teamwork carried the programme from the first design workshop through to a stable production environment.
A strong foundation for future growth
FCUBS 14.7 strengthens NMB Bank’s core banking capabilities and lays the groundwork for its continued digital transformation.
Congratulations to the NMB Bank team, and thank you to everyone who made this possible. Here’s to the next chapter.
The go-live has also been covered by FinTech Futures and IBS Intelligence.