Press Release

Khushhali Microfinance Bank Boosts Core Banking Operations with Oracle Cloud Ready Infrastructure

Karachi, Pakistan—August 2, 2017

Khushhali Microfinance Bank Limited , one of the leading microfinance institutions in Pakistan, has selected Oracle Engineered Systems as part of the ongoing IT infrastructure upgrade supporting its plans to boost business growth and service quality. Khushhali Microfinance Bank joins the ranks of global microfinance banks to deploy its core banking applications on Oracle Exastack.

With plans to expand exponentially by 2020, and a newly acquired core banking application, the Khushhali Microfinance Bank needed a reliable, robust and scalable infrastructure to deliver the performance needed for the new software and other surrounding applications. Khushhali Microfinance Bank also wanted to consolidate its data centre footprint and find ways of lowering operational costs by reducing man-hours for administrative and maintenance tasks.

Khushhali Microfinance Bank Boosts Core Banking Operations with Oracle Cloud Ready Infrastructure

Khushhali Microfinance Bank Limited has selected Oracle Engineered Systems as part of the ongoing IT infrastructure upgrade, supporting its plans to boost business growth and service quality. Seen in the picture at the go-live ceremony are (Left to Right) Waqas Hashmi - Country Director, Oracle Cloud Platform for Pakistan, Ying Loong Chin - VP, Oracle Cloud Platform for Asean and SAGE, Ghalib Nishtar - President and Chief Executive Officer, Khushhali Microfinance Bank Limited and Amina Hassan - Head Retail Banking, Khushhali Microfinance Bank Limited.

“Khushhali Microfinance Bank is proud to have the largest client base amongst microfinance banks in Pakistan, serving over 0.5Mn active borrowers and over 1.4Mn active savers. Our financial services are empowering the country’s lowest-income populace, helping to give them a better standard of living. We have set the standard across the microfinance industry and want to facilitate an environment where microfinance can continue to prosper,” said President and CEO, Khushhali Microfinance Bank, Mr. Muhammad Ghalib Nishtar. “Our ambition to reach the financially excluded with quality products and services will be facilitated by the investment in a strong technology foundation for our core banking systems. We look forward to working with Oracle on this transformational journey.”

Khushhali Microfinance Bank selected a suite of Oracle Engineered Systems including Oracle Exadata Database Machine X6-2, Oracle Exalogic Elastic Cloud X6-2 and Oracle ZFS Storage as the hardware platform to support its core banking.  These integrated systems are architected, integrated, tested, and optimized to work together and for the specific workloads they support.  This results in easier deployment and upgrades, and more efficient systems management, which will help the bank to ensure high levels of performance and availability and cut complexity and costs. As these solutions are also part of Oracle’s cloud-ready infrastructure portfolio, they will also help the bank future proof this investment and be able to embark on the journey to the cloud when it is ready. 

 “A robust and efficient IT infrastructure is crucial for the financial institutions to stay competitive and provide innovative products and services to their customers,” said Waqas Hashmi, Country Director – Cloud Platform Group, Oracle Pakistan. “Many such organizations in Pakistan have achieved significant benefits by deploying Oracle solutions and we hope that Khushhali Microfinance Bank will be able to achieve its objectives through getting optimum performance from its core banking application on Oracle infrastructure.”

Oracle Advanced Customer Support will implement the Oracle Engineered Systems and Database options, with the storage and backup solutions deployed by a member of Oracle Partner Network.

Contact Information
Noman Lakhani
+92 21 35839224
Muhammad Aqil
The Passage
+92 21 34300791
+92 321 9247007
About Khushhali Microfinance Bank Limited

Khushhali Microfinance Bank Limited is a pioneer institution amidst Pakistan’s microfinance banking industry, having been created in 2000 to address the challenges of poverty and access to finance. Over the decade, the Bank has created a customer-focused expertise, backed by strong financial, operations and product management to invest in next generation financial and delivery management systems aimed at Pakistan’s rural and urban communities.
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About Oracle in Pakistan

Oracle has been operating in Pakistan since 1997. Oracle helps Pakistani businesses, government departments, non-government organizations and education institutions through its local partners, to adopt integrated information technology infrastructures to achieve higher work efficiencies. Oracle has more than 1100 customers in Pakistan, spanning top organizations in the public and private sector. Some of Pakistan’s top organizations run their businesses on Oracle based solutions.

About Oracle

The Oracle Cloud offers complete SaaS application suites for ERP, HCM and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE:ORCL), please visit us at


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Noman Lakhani

  • +92 21 35839224

Muhammad Aqil

  • +92 21 34300791
    +92 321 9247007