26-Oct-2026 09:05:56
ESAF SMALL FINANCE BANK: SUCCESSFULLY COMPLETES MIGRATION TO NEW CORE BANKING SYSTEM
• Core Banking Upgrade: Successfully migrated from its existing banking system to Oracle FLEXCUBE on October 26, 2026 • Technology Modernization: Upgraded and implemented various business applications, data centre infrastructure and allied systems • Operational Efficiency: New system aims to improve banking operations, service capabilities and scalability • Digital Transformation: Strengthens technology architecture, system resilience and long-term digital capabilities • Risk Management: Expected to enhance risk management and regulatory compliance framework • Banking Services: All banking services restored and available to customers following successful migration • System Monitoring: Bank continues to monitor the performance and stability of the new platform
ESAF Small Finance Bank Ltd