On-Corp-Inc signs MOU with Ajman Bank to deploy retail banking-focused business intelligence systems
- United Arab Emirates: Tuesday, September 18 - 2012 at 12:30
- PRESS RELEASE
On-Corp-Inc Ltd, a UK based provider of retail banking-focused business intelligence systems, retail banking data services and sales advisory services, has signed a Memorandum Of Understanding with Ajman Bank PJSC, an Ajman, UAE based Islamic bank. This will strengthen Ajman Bank's position to deliver cutting-edge retail services, further enhancing its service innovation, product design capability, and competitive strength.
On-Corp-Inc gives the retail banking market, consumer and revenue centric BI systems facilitating design and redesign of competitive retail banking products, for deeper penetration, aiding in selling and cross selling, to help manage market competition, trends and behaviors.
Mohamed Amiri, Acting CEO of Ajman Bank, said, "We are pleased to partner with On-Corp-Inc to enhance our retail practices and sales strategy. Our approach aims to keep Ajman Bank at the forefront of the Islamic retail banking industry, with a dynamic customer-centric approach meant to answer our growing customer base requirements, while providing pioneering products, ongoing rewards, and a gratifying banking experience. Our partnership with On-Corp-Inc is intended to support us make this happen."
"On-Corp-Inc Ltd offers a complete proposition for retail banks, working along the life of the contract to achieve core defined results geared towards revenue maximization, enhanced market share, and a prolific sales culture."
"The contract is a breakthrough milestone for On-Corp-Inc and the first of its kind in the GCC region. We deliver the best services to set higher benchmarks for retail banking business practices for the region," said Donald Starkey, Chairman On-Corp-Inc Ltd.
On-Corp-Inc Ltd established its regional office for MENA in Dubai in February 2012 and has been engaged with dozens of banks in the region.
"We are very delighted to say that we are progressing well ahead of our penetration plan for the region. On-Corp-Inc Ltd has set a strong foundation in securing similar Memorandum Of Understandings in the near future. We are expanding our reach across the MENA region," said Noshad Rehmani Founder CEO On-Corp-Inc Ltd.
"Our objective is to strive to consistently provide our customers with best-in-class Islamic banking advice, products, and services and to build a successful banking franchise through the efficient delivery of optimal solutions to our clients. The sophisticated and intelligent services that we look to receive through this partnership will help us better understand consumer behavior and needs, tailor relevant solutions and increase revenue levels," said Salem Al Shamsi, Acting Head of Retail, Ajman Bank.
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