Standard Bank inks deal with ERA-InfoTech

Standard Bank recently signed an agreement with IT solution provider, ERA-InfoTech Limited, for Islamic Core Banking Solution (Hikmah).

Khondoker Rashed Maqsood, Managing Director & CEO of Standard Bank Limited and Md. Serajul Islam, FCMA, CEO of ERA-InfoTech Limited signed the recently, said a press release.

Prior to this formality, Standard Bank had been using Hikmah, an Islamic core banking solution developed by ERA InfoTech, since its transformation into a full-fledged Shariah-based Islamic bank on January 1, 2021.

Md. Touhidul Alam Khan, Additional Managing Director, CRO & CAMLCO, Mohammad Rafiqul Islam, Deputy Managing Director & COO, Md Mohon Miah, Coordinator of Islami Bank Conversion project, Sufi Tofail Ahamed, EVP & CITO, along with other divisional head of head office from Standard Bank Limited and Tauhidul Hoque, CTO, A.S.M. Nurun Nabi, Head of Business along with other high officials of ERA-Infotech were present at the signing ceremony.

Maqsood, in his speech, thanked ERA InfoTech for providing quality services to the Bank for a long time.

ERA-InfoTech Limited is a leading IT solutions and service providing company in the country.