ICSFS partners with GTBank, expands operations in E.Africa - CNBC Africa

ICSFS partners with GTBank, expands operations in E.Africa

East Africa

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ICSFS is a global software and services provider for banks and financial institutions. PHOTO: risksa.com

The global software and services provider for banks and financial institutions stated that the project was awarded to the company by Guaranty Trust Bank Plc (GTBank).

Following this, ICS BANKS, which provides a complete suite of banking business modules, was successfully deployed at Guaranty Trust Bank Kenya, Guaranty Trust Bank Uganda and Guaranty Trust Bank Rwanda.

“We promise our customers that we will continue to apply significant improvements to enable delivery of superior-value services, that will fulfill all your financial requirements,” said Adekunle Sonola, GTBank East Africa group managing director.

“ICS BANKS will to support us in meeting our goals using the latest technology available,” he added.

ICSFS further indicated that Guaranty Trust Bank Rwanda implemented a fully comprehensive solution ICS BANKS in all 18 of its branches, and that this is also the case for the Uganda and Kenya banks, which have implemented the system in all their branches.

Robert Hazboun, managing director at ICSFS, said, “We strive to continually discover innovative, ground-breaking tools to deliver powerful banking solutions designed for the world’s largest banks.”

“Guaranty Trust Bank Ltd. group is a rapidly growing chain of 280 plus branches in Africa. This achievement is the result of a finely coordinated rapid go-live process performed by a very talented implementation & support team,” he stated.

ICSFS has a client base of over 80 customers, with GTBank, which has been a client of ICSFS since 1998, using ICS BANKS in Nigeria, Gambia, Sierra Leone, Ghana, United Kingdom, Ivory Coast, Liberia and now in its new subsidiaries – Kenya, Uganda and Rwanda.

Executive director for business development at ICSFS, Wael Malkawi, stated, “We are really proud of our implementation team for achieving this success.”

“We are keen to provide first-class financial services to GTBank group. This remarkable achievement is based on our historical presence in Africa, knowledge and experience with local requirements and regulations,” he added.

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