A Malaysian technology solutions provider has received a purchase order worth millions of U.S. dollars from the Philippine National Bank, valid for 3 years.
Infomina Berhad has received a US$5.4mil (RM23.9mil) purchase order from the Philippines National Bank for technology application and infrastructure operations, maintenance, and support services.
Infomina Berhad is a technology solutions provider offering a new core banking application in a secure manner for the Philippine National Bank.
The purchase order is valid for 3 years from March 1, 2023, to February 28, 2026.
Under the PO, the subsidiary, Infomina Philippines, will provide technology application and infrastructure operations, maintenance, and support services to PNB for 3 years.
Managing director of Infomina, Yee Chee Meng said:
“Our efforts to expand our international presence post-pandemic has started bearing fruits. This PO from PNB will further strengthen Infomina Group’s presence and foothold in the Philippines.”
Managing Director Yee Chee Meng said that the PO would expand Infomina’s order book which stood at about RM550 million.
He added that the PO had enhanced the company’s presence and foothold in the Philippines, and its efforts to expand its international presence after the pandemic had shown results.
PNB is the fourth largest privately-owned Philippine Commercial Bank and has the largest number of overseas offices and the largest domestic branch networks in the republic.