Panama Invites Bids For Banking IT Platform

Three banks, Nacional, “Desarrollo Agropecuario” and “Hipotecario” invited bids for $21 million in IT infrastructure.

Friday, April 16, 2010


©image: Banco Nacional de Panamá

21 companies participated in the first informational meeting. They must submit their Bids before April 29.

“Both domestic and foreign suppliers may bid. They are required to have experience in installing, applying and operating this kind of technology”, reported Prensa.com.

More on this topic

Panama: $21.2 Million in Banking Software

March 2010

Bids were invited to provide a Core Banking system for various state-owned banks.

The contract comprises licenses, installation, adaptation, migration and implementation of a banking management system, integration with other systems and reports.

It will be used by “Banco Nacional de Panama”, “Banco de Desarrollo Agropecuario” and “Banco Hipotecario Nacional”.

Panama Pushes Back Banking Software Bidding

April 2010

“Banco Nacional” (BNP) postponed until May 7 the bidding process for supplying it with an integral banking management system.

The bank was expected to receive the proposals today, but decided to push the date back because the bidding rules were modified.

BNP explained that the new dates are intended to give suppliers more time to collect the required information and bid for the contract.

Panama: Baking Software Bidding Stirs Controversy

April 2010

Software companies argue that some of the requisites for participating in the process are excessive.

They specially disagree with the requirement of including references from local banks certifying how good their proposed software solution works.

From Prensa.com: “Ernesto Rosas, from Arango Software, assured that only two companies can participate with the current bidding rules”.

Panama: $ 1.5 Million for Process Management

November 2010

The public bidding is to implement a process management system.

The National Institute of Professional Training is putting out to tender the implementation of a Business Process Management (BPM) software that integrates a BPMS (Business Process Management Suite) and electronic document management.

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