Rang-Ay Bank taps Oracle’s Flexcube
MANILA, Philippines - Rang-ay Bank, the leading rural bank in Northern Luzon, has tapped Oracle Corp. for its world-class core banking systems. The transformational project for the core banking platform would commence in October 2014, and become fully operational by the middle of 2015. Oracle Flexcube is a core banking solution software used by over 550 banks including Citibank, HDFC, and JP Morgan and Chase, and the Philippine National Bank (PNB). “After the implementation, the bank would join the major ATM consortium in the country,” Rang-ay Bank president and chief executive officer Ives Nisce said.
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