Guaranty Trust Bank & Yemen Commercial Bank,Awarded Best Bank of the Year

Dec. 18, 2011 - PRLog -- Guaranty Trust Bank and Yemen Commercial Bank, ICS BANKS® users, the universal banking solution, from ICS Financial System (ICSFS) ,the global application software and services provider, were named “Bank of the Year” by The Banker magazine in the category "Bank of the Year Awards 2011", during the official ceremony that took place on November 30, 2011 in London.
Guaranty Trust Bank, one of the leading financial services providers and largest banks in Africa, has achieved another win with its recent recognition by The Banker magazine, as the “Bank of the Year in Nigeria". Guaranty Trust Bank is ICS BANKS® user since 1998, and has subsidiaries in Nigeria, Gambia, Sierra Leone, Ghana, United Kingdom and Liberia. Over the years, the bank has been a recipient of several awards for being the best bank in Nigeria.
Yemen Commercial Bank is the first private bank established after the Yemeni Reunification, which won “Bank of the Year in Yemen” at The Banker awards 2011. The Bank was recognised as the best bank in Yemen for the third time in a row. Yemen Commercial Bank is ICS BANKS® user since 2003, which has sustained a high-level of liquidity and achieved a growth in net profit in the past several years.

Mr. Robert Hazboun; Managing Director of ICSFS declared:
“We are proud that two of our distinguished clients, Guaranty Trust Bank and Yemen Commercial Bank, have been recognised at The Banker Awards as the best banks in their countries. Guaranty Trust Bank and Yemen Commercial Bank have been utilising ICS BANKS® solutions for many years. The unique value of ICS BANKS® lies in its support to customer’s business through providing the latest technology for its financial solutions and applications. These awards are the strongest testament to our solutions success, and our continuous customer base expansion. ” He added “We thank Guaranty Trust Bank and Yemen Commercial Bank for trusting us and wish them continuous success.”


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-

About Guaranty Trust Bank plc: was incorporated in July 1990, as a private limited liability company, wholly owned by Nigerian individuals and Institutions. The Bank was licensed as a Commercial Bank in August 1990 and commenced operation in February 1991. http://www.gtbank.com/


About Yemen Commercial Bank: is a Yemeni closed joint-stock company established in accordance with Central Bank of Yemen's decree No 2783 dated 28/1/1993. The Bank was given the commercial permit by the Ministry of Trade and Supplies based on the Trade and Supplies Minister's decree No 32/1993 dated 1993. http://www.ycb.com.ye/ycben/index.htm

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