Two banks to upgrade banking systems

Bangladesh Bank has approved server upgrades for Sonali Bank and Standard Islami Bank to update their core banking system (CBS) software and databases.

The central bank conveyed the approvals in separate letters issued on Wednesday, outlining the upgrade schedules and instructions to maintain banking services during the process.

Sonali Bank will upgrade the database version of its Intellect CBS 10.00 software from Oracle 11g to Oracle 19c.

The upgrade is scheduled to begin at midnight on Thursday, October 15, and continue until 11:59 pm on Saturday, October 17.

Bangladesh Bank has instructed the bank to ensure operational continuity in the event of technical complications during the upgrade and to keep customer banking activities and services running normally.

Standard Islami Bank has received approval to upgrade its CBS database server and application framework from version 11g to 12c, while its database management system will be upgraded from Oracle 11g to Oracle 19c.

According to the bank’s proposal, the upgrade will begin at 12:01 am on Tuesday, October 20, and continue until 10:00 pm on Thursday, October 22.

The upgrades are aimed at improving the banks’ technological infrastructure and ensuring the continued operation of their core banking systems.