KentBank Success Story – How Turkey’s leading conglomerate runs a European Union bank on Mbanq solutions

A bona fide success story in its class, KentBank stands out on the European banking market with its steady growth over the past decade, superior asset quality, low NPL ratio and a constantly higher capital adequacy ratio than legally required.

KentBank is owned by the Süzer group, one of the most successful Turkey-based conglomerates. As part of their diversification and internationalization strategies, the group eventually ventured into the EU banking sector with an acquisition of a bank in Croatia, the youngest EU member state.

They developed the KentBank brand and arranged a thorough selection process to find a banking technology partner that could support their ambitions. Their partner of choice? Mbanq

Mbanq Partners with Temenos to Launch World’s First Credit Union-as-a-Service and Accelerate Banking-as-a-Service in US Market

Temenos partners with Silicon Valley-based Mbanq to power innovative Credit Union-as-a-Service (CUaaS) offering for US Credit Unions, a market estimated at $3.6bn annually.

Mbanq’s CUaaS, powered by The Temenos Banking Cloud, enables Credit Unions to gain faster time to market with cutting-edge digital financial services for members at a reduced total cost of ownership.