IBM z10 Mainframe Deployed in Namibia for the First Time
First National Bank of Namibia Ltd has selected IBM to help the bank localize its banking systems and operations. Under the $5 million agreement, IBM will provide FNB with two of the latest IBM System z10 Business Class mainframes and supporting software to meet regulatory requirements and support the bank’s growth.
“FNB Namibia’s investment in the latest, industry-leading IBM mainframe systems and software has helped us to build a dynamic core banking platform as well as meet all regulatory requirements,” said Advocate Vekuii Rukoro, Group Chief Executive Officer of FNB Namibia Holdings, at a media briefing today. “Importantly, the project to localize Namibia’s banking infrastructure has brought technological advancement, knowledge transfer and created jobs for Namibian professionals.”
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