The Arab Bank for Investment and Foreign Trade (Arbift) has inked a project management and consultancy agreement with Wipro, a global IT services company for implementing a range of software solutions.
The contract includes a project to manage the implementation of core banking software and other key modules in addition to professional services like system testing activities.
The bank plans to implement a wide range of systems covering core banking, trade finance, treasury, branch automation, human resources, and phone banking.