Myanmar Citizens Bank (MCB) has selected the software company's T24 core banking solution to combine its core banking systems into a single platform.

MCB is a retail and corporate bank with 23 branches across Myanmar.

The implementation will see Temenos technology support the bank across its current personal, corporate and international banking lines.

The Construction and Housing Development Bank (CHDB) has also chosen Temenos to combine its core and digital banking systems.

CHDB – which aims to alleviate the problems surrounding homelessness in Myanmar – has a total of 53,734 accounts and 24 branches.

It was established as a semi-government bank in 2013 with the support of the Ministry of Construction.

Martin Frick, managing director at Temenos, said: “We are delighted that our reputation in Myanmar is going from strength to strength, and that we are fast becoming the partner of choice for banks in the country and across Asia.

“The ambitious growth plans that both MCB and CHDB have require a firm foundation on which to build; T24 core banking – with its single-view platform and its ability to grow and adapt with the customer – makes it the ideal choice to support future ambitions.

“We look forward to working with MCB and CHDB as they leverage the expertise of Temenos and the T24 solution to further advance their businesses for the long term.”