Yemen Kuwait Bank for Trade and Investment, Islamic Yemen Kuwait Bank select ICS Banks and ICS Banks Islamic
- Yemen: Tuesday, January 18 - 2011 at 13:40
- PRESS RELEASE
ICS Financial Systems Ltd. (ICSFS), a leading provider of banking software, with the cooperation of its sister company, Computer and Communications System - CCS, one of the leading companies in the automation and computerization of banking systems in Jordan, announced today that Yemen Kuwait Bank for Trade and Investment, the first bank to be established by the private sector in Yemen, and Islamic Yemen Kuwait Bank, have signed a new agreement for the implementation of the universal banking solution ICS Banks and the comprehensive Shari'a compliant software, ICS Banks Islamic.
General Manager of Yemen Kuwait Bank for Trade & Investment, Mr. Mohammad Al Natour, said, "Our bank's goal is to gain customer's confidence, facilitate banking services by introducing various channels and systems that will deliver our banking services easily and conveniently. ICS Banks will enable us to do that and will provide us with banking services that will keep us ahead with developments in the banking industry, regionally and internationally. Part of the reason for choosing ICSFS as a partner was due to their successful presence in Yemen, in addition to strong support and system's flexibility to adapt to local requirements."
The agreement was signed in Sana'a - Yemen, attending the signing ceremony were the General Manager of Yemen Kuwait Bank for Trade & Investment, Mr. Mohammad Al Natour; General Manager of Islamic Yemen Kuwait Bank, Mr. Amer Toukan; the Executive Director for Business Development of ICSFS, Mr. Wael Malkawi and the Deputy General Manager for Finance of CCS, Dr. Hani Abu-Rub.
General Manager of Islamic Yemen Kuwait Bank, Mr. Amer Toukan said, "Islamic Yemen Kuwait Bank is dedicated to providing the best financial services in Yemen through outstanding services, product innovation and comprehensive Islamic Shari'a compliant systems. That's why we chose ICS Banks Islamic, where the system is built to present and deliver the latest technology in Islamic financial systems and products. Our challenging ambition is to implement ICS Banks Islamic in less than two months."
Islamic Yemen Kuwait Bank will implement ICS Banks Islamic, fully integrated Islamic banking software from ICSFS; with the participation of its sister company CCS in a turnkey project, hardware and software. Executive Director for Business Development of ICSFS, Mr. Wael Malkawi commented, "Yemen Kuwait Bank for Trade & Investment and Islamic Yemen Kuwait Bank are considered our second and third new wins into the Yemeni Market. These wins reveal our rising path in Yemen, and shows that banks are investing more in universal banking technology to grow and deliver excellent customer service. We are delighted to be working with Yemen Kuwait Bank for Trade & Investment and Islamic Yemen Kuwait Bank; these partnerships will strengthen our position as a leading universal banking solutions provider in Yemen."
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