Sonali Bank achieves closing yr end process in 8 hours

Staff Correspondent

28 September, 2020 12:00 AM printer

Sonali Intellect Limited, a leading financial technology solution provider in Bangladesh incorporated as a joint venture company by Intellect Design Arena Limited and Sonali Bank Limited is proud announce the major milestone achieved by Sonali Bank Limited.

Sonali Bank achieved the closing year end process in 8 hours a major milestone for a Bank serving over 20 million customers, said a press release.

Sonali Intellect Limited has transformed Sonali Bank’s traditional Banking services from different vendor’s stand alone platform to a centrally controlled Intellect Core Banking platform and delivering International standard Banking services to its customers with Zero downtime.

It has also achieved the Bank closing year end process in 8 hours record for a Bank over 20 million customers. Sonali Intellect is handling total 20,891,593 customers with 19,273,607 accounts, completed last year end at 08.17 hr. which was 11.28 hour in 2018.