Guaranty Trust Bank UK Ltd. has gone live with ICS’ BANKS software

August, 2008
UK, London: Guaranty Trust Bank (UK) Limited started offering its clients banking services in the United Kingdom, through the activation of the newest technologies of the banking systems from coalition.
 
One of Nigeria's leading banks, announced that its United Kingdom subsidiary, GTB UK Ltd ("GTB UK"), has gone live with ICS’ BANKS software to operate as a full fledged commercial bank; offering corporate and retail banking services, in the UK.
 
International Computer Systems (London) Ltd (ICS), one of the leading companies in the automation and computerization of banking systems, has signed a new agreement with Guaranty Trust Bank UK Ltd ("GTB UK"), for the implementation of its international banking solution BANKS, to be their IT partner. A meeting was held at the head offices of ICS London Ltd., in January 2008 and was attended by the Managing Director of the GTBank, Mr.Tayo Aderinokun, General Manager of the GTBank UK, Mrs. Ronke Bammeke, Chairman of ICS, Mr. Essam Samara, Vice-President of Business Development of ICS, Mr. Wail Malkawi and Director of ICS, Mr. Fayez Samara.
 
Mr. Tayo Aderinokun, Managing Director of the GTBank, commented: 
“We are very pleased to be making our first step into Europe with one of the best solution provider ICS’ BANKS software. We are confident with the solution that we have chosen, many of our clients will welcome the opportunity to bank with us in London, and we are excited about developing further business relationships through our UK subsidiary.” 


The soft opening of GTB UK was in May 2008 and went live in August 2008.
Guaranty Trust Bank (UK) Limited offers both retail and wholesale banking products and services to private, corporate and institutional clients. With ICS’ BANKS software GTB UK will be able to target innovation and new clients faster than their competition, and to provide better value and scope in an industry that is now famous for speed of change especially in the United Kingdom.
 
Mr. Essam Samara, Chairman of ICS, also commented: 
“Our relationship with GTBank has proven strong over years of close co-operation and this agreement will again reinforce the close links between us. We are proud to implement BANKS in the subsidiaries and associates of the GTBank and we look forward to helping them in their future expansion plans.”
 
About GTB UK: Guaranty Trust Bank (UK) Limited is the UK subsidiary of Guaranty Trust Bank Plc, one of the leading financial services providers in Nigeria. GTB UK is based in Margaret Street in Central London and marks Guaranty Trust Bank’s first operation in Europe. It will focus on quality business where there are already established links between Nigeria and the other countries where GTBank operates, including Gambia and Sierra Leone, and the UK. The subsidiary will provide banking services such as receiving deposits, and writing mortgages for both commercial and retail customers as well as intermediates. www.gtbplc.com
 
About International Computer Systems (London) Ltd.- founded in 1978 as a Systems Integrator and Turn-Key solutions provider, enjoys an unbroken record of successful banking solutions implementation throughout a quarter of a century of successful banking automation projects with over 40 banks across 3 continents.
 
About Computer and Communications Systems Ltd- (CCS) founded in 1982 is one of the Middle East’s leading IT companies and one of the largest IT companies of it’s kind in Jordan.CCS provides assistance in every aspect of the IT project and Skills Transfer cycle: from initial consultancy through to design, development, networking, infrastructure, implementation, training, and on-going maintenance. We have produced state-of-the-art software and provide world leading Consultancy.