Zain signs MoU to fast track CBK’s digitalisation in Kuwait

Zain will provide a range of cloud based services to speed up the Commercial Bank of Kuwait’s digitalisation process
Zain, CBK, Kuwait, GCC, Cloud, Digitalisation

Share

Middle Eastern telco, Zain Group, has signed a Memorandum of Understanding with the Commercial Bank of Kuwait (CBK) to transform its digital service offering and data centre processes by providing a suite of cloud based services.

Zain will transform the digital CBK’s offering by providing the latest cloud solutions, data centre services and the most advanced security solutions to drive the bank’s digital transformation efforts.

“We applaud CBK, a well-regarded and successful entity in Kuwait, for proactively assessing its transformation roadmap to digitisation and are honoured to enter this milestone MoU with them. Storing digital assets securely and efficiently is becoming a key differentiator to businesses in general, and financial services institutions in particular, and it is important we have robust systems in place to be able to store, access, retrieve and restore data,” said Zain vice-chairman and group CEO, Bader Nasser Al-Kharafi.

As part of the agreement, Zain will implement its Zain Business Data Centre services, including options to boost security and connectivity. The agreement also covers network cabling and management services, CCTV and service management solutions.

“Given the digital transformation seen in the banking industry and accelerating technological advancement, the Bank endeavours to cooperate and partner with digital service and solution providers in Kuwait, particularly Zain – the leading IT solution, communication and cloud computing provider,” stated Sheikh Ahmad Duaij Al Sabah, chairman, Commercial Bank of Kuwait.

Editor's Choice

Emerson expands analytics platform for industrial enterprise-level wireless infrastructure management
Plantweb Insight platform adds two new Pervasive Sensing applications that manage wireless networks more efficiently with a singular interface to the enterprise
Digitalisation seen as a competitive advantage by Middle East private businesses
Nearly 80 per cent of private business leaders acknowledge that digitalisation can impact business sustainability
Etisalat introduces Multi-Access Edge Computing architecture delivering best-in-class video streaming performance for 5G networks
MEC architecture achieves performance gains of as much as 90% in video streaming, validating how ultra-low-latency applications will be delivered over 4G and 5G networks

Most popular

Don't Miss a Story