Tata Consultancy Services will provide a range of technology outsourcing services to the Commercial Bank of Qatar as part of a five-year deal worth ‘tens of millions of dollars'. TCS will provide application development and maintenance and render back-office or BPO services to the Doha-headquartered Commercial Bank. However, the current arrangement is a complete services deal and does not provide for the deployment of TCS BaNCS, the company's flagship suite of software products. With total assets of QAR 70.4 billion (Rs 95,040 crore ) as on September 30 this year, Commercial Bank is a full services bank that offers a range of corporate, retail, Islamic, and investment banking services. The Qatar Exchange-listed bank's countrywide network includes 34 full service branches and 148 ATMs. In the last few quarters, TCS has been steadily adding new clients to its financial services practise which accounts for a lion's share of its overall revenues.
