KentBank
Overview
As part of its diversification and internationalization strategy, KentBank entered the EU banking sector by acquiring a bank in Croatia, the youngest EU member state. After investing significant capital, the new management began a complete transformation, rebuilding the bank’s infrastructure from the ground up. To support their ambitious growth, they conducted a rigorous selection process to find a banking technology partner.
Mission
Mbanq’s Impact on KentBank
After inheriting a decentralized database with multiple codebooks—causing overlapping accounts and inefficiencies—KentBank needed a modern, integrated solution.
Mbanq’s Single-Source-of-Truth (SSOT) database and real-time transaction processing eliminated duplication and the need for internal reconciliation, streamlining operations.
“We selected Mbanq because they were up to date with technology and they transparently communicated their USPs, especially regarding their database structure.”
Franjo Prgić
IT Director at KentBank
Success Through Partnership
By collaborating closely, KentBank and Mbanq achieved a migration, setting the stage for future growth and innovation.
Vlad Lounegov
CEO, Mbanq
“Our partnership with KentBank highlights the power of modernizing banking systems and operations with the right technology partner. We are excited to support their continued success and expansion.”
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