Liberbank Signs Ten-year Contract With Accenture - Quick Facts

(RTTNews) - Liberbank Monday announced that it has signed a ten-year contract with technology outsourcing and consultancy firm Accenture Plc. (ACN) to transform and optimize its core banking applications.

This is part of the bank's strategy to increase operational efficiency and business agility and optimize return on technology investments.

Liberbank said the agreement will help it gain greater operational flexibility by optimizing its technology costs, implementing a more efficient delivery model based on service-level standards, and ensuring access to innovation and upgrades based on new market trends.