Jordan Kuwait Bank goes live on ICS Banks

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Jordan Kuwait Bank (JKB) has announced the successful go-live of ICS Banks from ICS Financial Systems Limited (ICSFS)

The main requirement for the bank was the application of a fully-fledged solution that provides a full range of modules and incorporates a flexible group model. JKB has implemented ICS Banks to offer modern products through the use of the newly applied suite of applications that cover core banking, remittances, credit facilities & risk groups, lending, trade finance, treasury & investment systems and wealth management.

The Chairman of JKB; His Excellency Mr. Kabariti, stated: “With the new Universal banking system, ICS BANKS, JKB will be able to provide complete suite of banking services meeting all local and international standards and requirements in the financial sector. On this occasion, I would like to thank ICSFS’ and our teams for their great efforts towards completing the project and launching the system successfully.”

Managing Director of ICSFS; Mr. Robert Hazboun commented: “We are delighted to bolster a successful partnership with JKB. ICS BANKS will enable rapid delivery of a consistent set of comprehensive products and services, which will help the bank transform operational procedures to meet current and future financial industry standards. We would like to seize this opportunity to express gratitude to JKB for having entrusted their systems with us and spared no effort to achieve this milestone.”

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