The technology upgrade drive is part of the lender’s strategy to develop electronic service and ensure quality service to its customers across all channels.

The lender, which posted 21.4% rise in net income for the first half of 2013, said that TCS was chosen due to its expertise in core banking technology and delivery of IT services.

Founded in 1953, the National Commercial Bank claims to be the first Saudi bank, and delivers a number of banking products and services leveraging the latest banking trends and technology.