- Oracle’s Flexcube in Slovenia
- SID Bank, based in Ljubljana, Slovenia, became the first in the country to adopt Oracle’s Flexcube core banking solution.
- SID Bank operates as a promotional development bank and export credit agency, supporting Slovenia’s international business competitiveness.
- Broad Deal with Oracle
- SID Bank signs a comprehensive deal with Oracle, encompassing core banking, payments, trade finance, treasury, and corporate lending applications.
- Financial Landscape
- Oracle’s banking technology has gained traction globally, with recent adoptions by FDB Bank in Myanmar, London Stock Exchange Group (LSEG) in the UK, and CSB Bank in India.
- SID Bank’s Strategic Moves
- SID Bank’s partnership with Oracle aligns with its broader efforts to enhance Slovenia’s international business competitiveness.
- The bank’s recent activities include becoming an implementing partner for EU centralized financial instruments and securing financing deals with the European Investment Fund and German development bank KfW.
