April 2008
KASB Modaraba signed PIBAS Shariah for all of its branches.

March 2008
UBL Pakistan has decided to utilize PIBAS Reconciliation System to help reconcile branches all over Pakistan and UAE region.

January 2008
SME Bank Pakistan has decided to go with new version of PIBAS Loan and Microfinance System.

December 2007
PIBAS Pakistan implemented PIBAS Anti Money Laundering Module for Oman Branch of Bank Saderat Iran.

December 2007
With a strong belief in PIBAS Solutions, Tanzania’s Saving and Finance Bank upgraded their PIBAS COBOL system to PIBAS Plus supporting ORACLE database.

December 2007
PIBAS Pakistan has achieved a breakthrough with deployment of First Phase of PIBAS SMS Banking at Oman Branch of Bank Saderat Iran.

December 2007
Taking a strategic decision, Oman International Bank upgraded its ALL branches to our new technology solution PIBAS Plus under ORACLE database

November 2007
Bank Islami Pakistan has added 23 new Branches using PIBAS Plus system

July 2007
PIBAS Pakistan successfully deployed PIBAS Internet Banking Application at Habib Overseas Bank, Tanzania.

June 2007
NIB Bank has engaged PIBAS Pakistan for adding 25 new Branches to NIB portfolio of branches using PIBAS Plus.

February 2006
Misys replaced by PIBAS: After a careful and well thought scrutiny, Habib Overseas Bank, South Africa decided to proceed with implementation of PIBAS Solution replacing Misys.

 
     
 
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Modules/Functions/Features

Fidelity

iflex

Misys

PIBAS

Symbol

Temenos

1. Core Banking:

           
  • Customer Relationship

 No

 No

No

Yes

No

No

  • Collateral Management

No

No

No

Yes

No

No

  • General Ledger

Yes

Yes

No

Yes

No

No

  • Bank Charges

Yes

Yes

No

Yes

No

Yes

  • Centralized Limits

Yes

Yes

No

Yes

No

No

  • Reconciliation

No

No

No

Yes

No

Yes

  • Central Bank Returns

No

No

No

Yes

No

No

2. General Banking:

           
  • Remittances

No

Yes

No

Yes

No

No

  • Electronic Clearing Interface

No

No

No

Yes

No

No

  • Teller/Vault Management

No

No

Yes

Yes

No

Yes

3. Loans & Advances:

           
  • Micro Finance

No

No

No

Yes

No

No

4. External Channel Products:

           
  • SMS Banking

No

No

No

Yes

No

No

5. Executive Suite:

           
  • Cost of Funds

No

No

No

Yes

No

No

  • Return on Investment

No

No

No

Yes

No

No

6. Treasury:

           
  • Repo & Reverse Repo

No

No

No

Yes

No

No

  • Commodity & Interest Futures

Yes

No

No

No

No

Yes

7. Leasing:

           
  • Comprehensive Leasing

No

No

No

Yes

No

No

8. Deployment Strategies:

           
  • Distributed

No

No

No

Yes

No

No

  • Centralized

Yes

Yes

Yes

Yes

Yes

Yes

9. RDBMS Platform:

           
  • Open

No

No

No

Yes

No

No


Note: (Common Modules/Functions/Features are excluded from above chart)

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