NCB is the first bank in the region to implement the AFS integrated TRIAD account management system

Manama-Bahrain-February 06, 2007

Arab Financial Services (AFS), the region’s leading provider of electronic-payments and consumer finance outsourcing services is set to provide National Commercial Bank (NCB), the leading bank in the Kingdom of Saudi Arabia with this advanced account management system. This will lead NCB to becoming the first card issuer in the region to manage its credit card portfolio through the AFS integrated TRIAD system. Rasool Hujair and Adel Al Howar>>

This agreement with AFS will aid NCB in enhancing its portfolio management capabilities, and thereby maintaining its leading position as a card issuer,” said Mr. Adel Al Howar, Head of Consumer Finance Services Group, NCB.

“By using the TRIAD adaptive control system, NCB will enhance the bank portfolio management services” said, Rasool Hujair, CEO at AFS. “By offering TRIAD as a value-added service, AFS continues to deliver superior technology and highest quality services that help our clients succeed and grow their business in a cost-efficient manner.” he continued.

AFS integrated the TRIAD system with its processing platform to help network issuers more effectively manage risk and design and execute more profitable account-level strategies in credit line management, authorizations, collections, reissue, marketing, and pricing. AFS currently provides payment card processing services to more than 50 banks and financial institutions across the Middle East, North Africa, Europe and South Asia.