1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

Jammal Trust Bank Selects ICS BANKS® to Transform their IT Infrastructure

ammal Trust Bank SAL (JTB),elected ICS BANKS®, the award winning of “Banking Software of the Year 2010”in Nigeria , from ICS Financial Systems Limited (ICSFS)

FOR IMMEDIATE RELEASE

 
PRLog (Press Release) - Dec. 18, 2011 - With a footprint of 22 Branches, Jammal Trust Bank will implement the Universal Banking Software ICS BANKS®

Jammal Trust Bank SAL (JTB), the first Lebanese private commercial banking institution to offer services in the UK and Egypt, selected ICS BANKS®, the award winning of “Banking Software of the Year 2010”in Nigeria , from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions.
Jammal Trust Bank has recently received the Industry Awards of 2011 by the Banker Middle East– As the Fastest Growing Bank in Lebanon.

The signing ceremony took place in Beirut – Lebanon, at the head quarter offices of Jammal Trust Bank. Attending the signing ceremony were the Chairman /General Manager of JTB; Mr. Anwar Jammal, Deputy General Manager; Mr. Joe Harika, Assistant General Manager; DR. Mohammad Fheili, IT Manager; Mrs. Fatima Kamareddine , Chairman’s Office Manager ; Mr. Gaby Daou , and Executive Director for Business Development of ICSFS; Wael Malkawi.
JTB will deploy ICS BANKS® software in its 22 currently operating and future branches to broaden its operations and enhance its banking activities.
Mr. Anwar Jammal; Chairman /General Manager of JTB, stated:
“Throughout the reputable years of JTB, we provided our clients with enhanced financial services that cater to their needs, as we are the first Lebanese bank to offer services in the UK and Egypt. By choosing ICS BANKS® universal banking software from ICSFS, we believe that our financial offerings and services will improve significantly with the facilities and the latest technology that ICS BANKS® provides. By replacing our in-house system, ICS BANKS®, which is an overall service-oriented-architecture (SOA), will enable JTB to reduce the risk that can result from manual data entry and out-of-date information, increasing management information and reviews, producing powerful MIS reports and providing rich sweep of functionalities and features.”
Mr. Joe Harika; Deputy General Manager JTB, commented:
“We have been growing rapidly for the past couple of years; in fact, we have just been awarded the Fastest Growing Bank in Lebanon for 2011 by the Banker Middle East. We have been searching for a modern Universal Banking application for almost a year, to insure and strengthen this steady growth. We finally found and chose a universal banking solution, ICS BANKS® from ICSFS; we believe the solution will enable us to address our customer’s requirements and keep us up to date with the comprehensive and advanced banking technologies. We found that the universal banking solution ICS BANKS® has a low total cost of ownership, in addition to rapid adaptation to the regional and Lebanese market trends compared to other solutions, and will help us in innovating and deploying new products.”
Executive Director of Business Development ICSFS; ¬¬¬¬¬ Mr. Wail Malkawi, stated:
“The growing globalisation of the economy increased competition in the financial industry. Banks are now looking to be present in many regions to fulfil their customers’ needs. As we are an international banking software provider, Jammal Trust Bank can easily expand their territories as our software has always entailed providing international standards packaged as an off-the-shelf (OTS) product with the added value capability of tailoring the product to consider local and country specific requirements. We are very pleased of Jammal Trust Bank’s choice, and are committed to provide our best of breed products and services, and are keen to serve Jammal Trust bank. ”
The universal banking software, ICS BANKS®, was voted and chosen by thousands of Nigerians and the readers of the Nigeria Communications Week Newspaper, to win the Banking Software of the Year 2010 award on being a creative and excellent solutions provider.
ICS BANKS® was also recognized as the first banking application to implement Oracle’s latest technology, Oracle Database 11g and Oracle WebLogic Server 11g, in Africa and the Middle East, and even among the first in the world.
ICS BANKS® has been present in the Lebanese Market since 1998, and is currently running in 4 banks that are benefiting and enjoying our local support.
ICS BANKS® provides a complete suite of banking business modules with a rich sweep of functionality and features, addressing business needs and automating accounting processes, as needed, to improve a bank’s business performance. ICS BANKS® has always been a pioneer in utilizing the latest technology to serve financial institutions. In addition to its embedded Service-Oriented-Architecture (SOA), the system is deployed in a multi-tiered setup that runs on a web thin client, J2EE environment.



-Ends-




Jammal Trust Bank: Established in 1963 as “Investment Bank” and purchased by the Jammal Group in 1971. Jammal Trust Bank has built a reputation for over four decades as being a quality, private commercial banking institution and the first Lebanese bank to offer its services in the UK and Egypt. It also developed a reputation for supporting both Lebanon’s SME market through commercial lending and Africa’s Lebanese Diaspora through large scale trade finance in more than one west and central African country.
http://www.jtbbank.com/jtb/en/network.php

About ICS Financial Systems Ltd. - (ICSFS): sister company of Computer and Communications Systems Ltd. - (CCS) and International Computer Systems (London) Ltd – (ICS-London) ,is a leading provider of modular, core banking systems. ICSFS’ success can be attributed to our turnkey offering, ICS BANKS® that serves and supports customers across the globe. ICS BANKS® is a fully integrated universal, banking application that deploys a solution and a range of professional services to automate and streamline banking services. www.icsfs.com

# # #

About ICS Financial Systems Ltd. - (ICSFS): sister company of Computer and Communications Systems Ltd. - (CCS) and International Computer Systems (London) Ltd – (ICS-London) ,is a leading provider of modular, core banking systems. ICSFS’ success can be attributed to our turnkey offering, ICS BANKS® that serves and supports customers across the globe. ICS BANKS® is a fully integrated universal, banking application that deploys a solution and a range of professional services to automate and streamline banking services. www.icsfs.com

--- End ---

Click to Share

Contact Email:
***@icsfs.com Email Verified
Source:ICSFS
Phone:96265344088
Fax:96265332651
Address:khalda,Amman
Zip:11195
City/Town:Amman
State/Province:Amman
Country:Jordan
Industry:Banking software
Tags:, ,
Shortcut:http://prlog.org/11752408
Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Upcoming Press Releases...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
8.4K1.9K2.6K
Click to Share