MCB Bank Selects Oracle WebLogic Suite 12c to Support Its Core Banking Upgrade to Power Exceptional Experiences for Employees

MCB Bank Selects Oracle WebLogic Suite 12c to Support Its Core Banking Upgrade 
to Power Exceptional Experiences for Employees and
Customers 
REDWOOD SHORES, CA -- (Marketwired) -- 01/16/14 --  Oracle (NYSE:
ORCL) 
News Summary
 MCB Bank Ltd. (MCB), one of Pakistan's leading
financial service providers with over 1100 branches, has selected
Oracle WebLogic Suite 12c to help maximize its ROI from its new core
banking application, while enabling faster online banking services
and supporting future growth. MCB has opted to upgrade its core
banking system in order to help minimize system downtime and support
its rapidly growing online business, as it was now processing more
than 400,000 daily transactions for retail and corporate banking
services which are estimated to grow to 1 million transactions daily
over the next few years.  
News Facts 


 
--  MCB Bank Ltd.(MCB), one of Pakistan's leading financial service
    providers with over 1,100 branches, has selected Oracle WebLogic Suite
    12c to help maximize its ROI from its new core banking application,
    while enabling faster online banking services and supporting future
    growth.
--  MCB has opted to upgrade its core banking system in order to help
    minimize system downtime and support its rapidly growing online
    business. MCB needed to enhance the system efficiency because it has
    been processing more than 400,000 transactions for retail and
    corporate banking services on daily basis that is estimated to grow
    around 1 million per day, over the period of next two to three years.
--  Oracle WebLogic Suite 12c can help in enhancing MCB's capabilities by
    engaging its customers and enabling its employees along with partners.
    This enhancement will also be helpful in further improvement of MCB's
    web experience management, portals, enterprise content management and
    enterprise social collaboration technology.
--  Oracle WebLogic Suite 12c includes all the capabilities of Oracle
    WebLogic Server and can enable enterprises to outperform their
    competitors while minimizing the operational costs. It can easily
    scale to adapt to changing business conditions and application
    requirements.

  
Supporting Quotes 


 
--  "Oracle WebLogic Suite is the most reliable and scalable solution for
    our core banking platform upgrade because it will enable seamless
    integration with the database, primarily based on Oracle
    technologies," said Imtiaz Mahmood, Head of Information Technology
    Group, MCB Bank Ltd. "The new platform provides high performance for
    online banking services and supports our future growth requirements."
--  "Oracle WebLogic powers exceptional experiences for employees,
    customers, and partners. It helps to provide the foundation for Oracle
    Applications to deliver a next-generation user experience," said
    Shariq Rehman, Country Manager, Oracle Fusion Middleware, Oracle
    Pakistan and South Asia Growing Economies - West. "With this
    implementation, MCB Bank can stay ahead of its competitors by adapting
    to changing business conditions and application requirements."

  
Supporting Resources 


 
--  Oracle Fusion Middleware
--  Oracle WebLogic Suite
--  Connect with Oracle Cloud Application Foundation on Blog and Twitter
--  Connect with Oracle WebLogic Server via Blog, Facebook, Twitter and
    YouTube

  
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Contact Info
Jacki DeCoster
Oracle
+1.650.633.7788
jacki.decoster@oracle.com  
Drew Smith 
Blanc & Otus
+1.415.856.5127
dsmith@blancandotus.com 
 
 
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