MSB and FDH Bank to merge on Temenos’ T24 core system; Neptune’s Rubikon to be ousted
Malawi Savings Bank (MSB) and FDH Bank will unite, resulting in 250 job cuts and a major core system upgrade. Sobhuza Ngwenya, group head of marketing at FDH, says that the core business strategy of the merged entity “towards achieving the top bank status” will be technology-driven. However, no branches are expected to close. FDH […]
