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MHD-ITICS wins prestigious contract for Oman Development Bank’s digital banking platform

MHD-ITICS secured this opportunity through a rigorous selection process, triumphing over strong global and local competition.

TAS News Service

info@thearabianstories.com

Tuesday, August 29, 2023

MUSCAT : Mohsin Haider Darwish Infrastructure, Technology, Industrial and Consumer Solutions (MHD-ITICS) is delighted to announce its recent triumph in securing a significant contract for the design, development, deployment, and maintenance of Oman Development Bank SAOC’s (ODB) digital banking platform. This prestigious project underscores MHD-ITICS’ commitment to driving digital transformation in the Sultanate’s banking sector.

The contract was officially signed at the bank’s premises, in the presence of Mr. Hamed Bin Salim Al Harthy, Acting CEO of ODB, Mr. Jayaprakash Menon, CEO of MHD-ITICS, and key stakeholders. As per the agreement, the Digital Business Unit of MHD-ITICS Technology and Communications Division will create a custom platform aligned with ODB’s digital transformation goals.

“MHD-ITICS is poised to set new benchmarks for customer experiences at the intersection of finance and technology,” stated Mr. Jayaprakash Menon, CEO, MHD-ITICS on the sidelines of the signing ceremony. “In line with this, we are pleased to contribute to, and work closely with Oman Development Bank on their transformative journey. This collaboration reaffirms our dedication to providing cutting-edge solutions in the banking and financial services sector.”

Mr. Hamed Bin Salim Al Harthy, Acting CEO of Oman Development Bank, expressed his optimism about the project: “Our commitment to delivering innovative banking services that meet the evolving needs of our customers led us to select MHD-ITICS for this pivotal project. We believe this collaboration will enable us to establish new standards in digital banking and enhance customer satisfaction.”

MHD-ITICS secured this opportunity through a rigorous selection process, triumphing over strong global and local competition. The project is slated for completion and launch by December 2023; and is a testament to MHD-ITICS’ unwavering dedication to fostering innovation in the technology sector. As the company forges ahead in its mission to be the preferred provider of pioneering enterprise applications and solutions in the industry, its collaboration with Oman Development Bank serves as a landmark step towards realizing this vision.

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