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Al Rafah Bank chooses CEB's banking solution CABS®

Al Rafah Bank the first Palestinian Bank that specializes in small to medium size funding providing Microfinance Services that include funding, investment, savings and insurance as a complete package for the SME business sectors has announced its selection of the core banking application solution provided by Jordan based CEB.

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"We have selected CEB's banking solution CABS® due to its various features, functionalities and client base. We have selected and implemented the various modules of this solution to include the Banking System, the Micro Finance System, the Signature System, the ATM Interface System and the Administrative System." Said Mr. Sami Al Saeedi, General Manager, Al Rafah Bank.

"CEB's banking solution (CABS®) has met all the requirements from a technical and commercial perspective for Al Rafah Bank. This is in additional to CEB's market base with various other banks that have utilized and implemented CEB's banking solutions in their various branches and departments that provides the basis of this partnership. We consider CABS® the ideal solution to fulfill all our banking requirements". Added Mr. Al Saeedi

"We continue to strive in providing the banking sectors all that is required from a commercial and technical perspectives so that any bank in the region would rely on CEB's established banking solution CABS® as the leading solution in the region. CEB is proud to provide Al Rafah Bank with the solution that met all their requirements and we at CEB consider such a partnership one of the pillars that establish CEB's success stories in the banking sector in the Middle East and African markets."

Said Mr. Ayman Arafeh, General Manager, CEB.
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About CEB:

CEB was established in 1980 and is headquartered in Amman, Jordan serving the entire region of the Middle East and North Africa. CEB is considered one of the leading Systems Integration IT providers of leading suppliers such as HP, ACER, Bull, Nexans, Symantec, and Internet Security Systems (ISS) and Microsoft.

In its Oracle Division CEB provides comprehensive products and services from Oracle Corporation with certified consultants and software engineers.

CEB has over 220 clients in Jordan and the entire region.

CEB designs, develops and implements technology application solutions such as Automated Banking CABS®, Insurance Management AMAN®, Document Management ImageLinks® and Workflow Systems.

CEB is the first IT company to be listed on the Jordan Stock Exchange under the symbol CEBC.

CEB is totally owned by Al-Faris National Company For Investment and Export.

About Al-Faris National Company For Investment and Export:

Al-Faris National Company For Investment and Export (PLC) is a publicly held company based in Jordan with its main line of business being in investments, acquisitions, export and import.
Lara Lynn Golden Posted by Lara Lynn Golden, News Editor
Sunday, June 04 - 2006 at 13:42 UAE local time (GMT+4)

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