Export-Import Bank of Thailand (Exim Bank) is implementing Infosys Technologies' Finacle system to support its retail and corporate banking, trade finance and treasury operations.
The system will be delivere and deployed at the bank by Thailand's Yip In Tsoi.
Sataporn Jinachitra, president, Exim Bank, says the system will enable the bank to address new business requirements, respond to market changes, improve customer experience and empower its employees.
"We believe that Finacle provides us the right tools to achieve our business objectives," says Jinachitra.
Merwin Fernandes, VP and global head of sales and marketing, Infosys' banking business unit says contract marks the vendor's entry into the Thai market and is "confident that this strategic breakthrough will accelerate our market penetration in Thailand as well as the region as a whole."