HomeBankingMorocco’s CIH Bank taps Backbase for Engagement Banking platform

Morocco’s CIH Bank taps Backbase for Engagement Banking platform

Date:

Revolut Expands Services: Users Can Now Send Money to China via Alipay

Revolut Enhances Global Transactions with New Alipay Integration for...

Consultation on the Future of Australian A2A Payments by AusPayNet and AP

Exploring Innovations and Developments in Account-to-Account Payment Systems Highlights: AusPayNet...

CastellumAI Raises $8.5M to Revolutionize AI in Real Estate

Empowering Real Estate with Innovative Artificial Intelligence Solutions Highlights: CastellumAI...
  • CIH Bank, based in Morocco, has partnered with Dutch digital banking provider Backbase to support its digital transformation.
  • The bank is deploying Backbase’s Engagement Banking platform, aiming to enhance capabilities in areas like lending, investments, and customer engagement.
  • This platform is expected to streamline onboarding processes for local customers and Moroccans living abroad.
  • CIH Bank, part of the CDG Group, specializes in real estate and hospitality financing.
  • Founded in 1920 and headquartered in Casablanca, CIH Bank has a balance sheet of approximately $8 billion and operates 336 branches and 716 ATMs across Morocco.
  • In 2020, CIH Bank implemented Finastra’s Fusion Corporate Channels and Fusion Trade Innovation systems to digitize corporate banking and automate trade and supply chain operations.
Exit mobile version