Procurement of Internet banking application for Xacbank in Mongolia

Xacbank mongolia

Context: XacBank is a licensed (microfinance) bank in Mongolia. It launched Internet banking in 2005-2006 with a system developed in-house. Currently, about 10,000 clients are using this channel and it wants to procure an application from an (international) provider.

Objective: Assist XacBank in the procurement of a new internet banking system, able to link to its corebank system.

Deliverable: Shortlist of vendors (with contact persons and details); RFP document; RFP bid analysis; summary report.