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May 14, 2009

BBK selects Nucleus’s cash management product

BankONet module to support BBK to offer online services to its corporate customers

By CBR Staff Writer

The Bank of Bahrain and Kuwait, or BBK, has selected Nucleus Software Exports’s cash management product – CASH@Will and BankONet modules – for the transaction banking services.

According to Nucleus, BankONet will support BBK to offer online services to its corporate customers, thereby enhancing customer service by offering effective tracking of payments and account balance, enabling fund transfers and opening of letter of credit.

CASH@Will will help BBK to organize its cash management systems for managing cash flow and implementing long-term services that are flexible and can adjust to the changing business environment, said Nucleus.

Vishnu Dusad, CEO and managing director of Nucleus Software Exports, said: We are delighted to partner with BBK, one of the largest banks in Bahrain. As an IPR led company, at Nucleus, our continued focus is on providing excellent services to our clients and innovation in product development.

We are confident that BBK will reap great benefits by leveraging our cash management solution. We look forward to further strengthening our relationship with BBK as they expand their business rapidly and explore newer technologies to stay ahead in the market.

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