ICS (London) Ltd. Successfully Demonstrates its Universal Banking Software BANKS at BankTech 2009, Egypt

May, 2009
Egypt - Cairo: International Computer Systems (London) Ltd. – ICS, the global leading provider of financial services technology solutions and integrated universal banking systems, showcased its fully integrated banking solution BANKS software at BankTech 2009. The event took place from 25- 27 May 2009, at Cairo – Egypt and was held at Fairmont Towers Hotel under the auspices of H.E Dr. Tarek Kamel; Egyptian Minister of Communication & Information Technology and H.E Dr. Ahmed Darwish; the State Minister for Administrative Development. BankTech 2009 was also held under the patronage of The Federation of Egyptian Banks and in co-ordination and participation of the Union of Arab Banks and the Central Bank of Egypt.
 
Following frequent successful participations of ICS in previous international events, ICS received excellent feedback results and winning lead opportunities. As a first time participant in Egypt, ICS (London) was committed to provide its hosted delegates an impressive and exclusive demonstration of BANKS supreme solutions at BankTech 2009. ICS’ (London) booth was one of the outstanding booths that captured delegates’ attention, due to its fully constructed demonstration for total integrated solutions that is provided to any banks Information Technology needs, and was demonstrated to the hosted delegates solely. The Egyptian banking sector has been experiencing annual growth in assets, deposits, liabilities and a rise in mergers and acquisitions. Consequent to that, two Egyptian banks; Industrial Development Bank of Egypt (IDBE) and the Egyptian Workers Bank, merged to become the Industrial Development & Workers Bank of Egypt. The new merger resulted with having an overall of 19 branches within major and new industrial cities of Egypt, where IDBE had 14 and the Egyptian Workers Bank had 5 branches.
 
Mr. Esam Samara; ICS (London) Chairman, commented: “We are delighted to take part in the Egyptian IT Industry, and were mesmerized by its extensive development. Our team overwhelmed the exhibition visitors by offering key functionality of BANKS applications. The Egyptian banking industry will witness our success in implementing our systems in the Industrial Development & Workers Bank of Egypt. Severalbanks have already showed interest in our financial and banking solutions, which increased our interest in launching our products and services in the Egyptian Market.” Mr. Robert Hazboun; ICS (London) General Manager, emphasized on the importance of ICS’s participation in BankTech 2009, according to the excessive interest of Egyptian banks in ICS’s products and services. Mr. Hazboun stated: “ICS’ team is dedicated to carry out a rich demonstration of BANKS software. ICS (London) has over than 56 clients implementing BANKS through Asia, Africa and Europe. We are very happy to be chosen by the Industrial Development & Workers Bank of Egypt as their IT partner. This successful launching completion classifies BANKS software to be the number one choice for major merging banks, where the software is proficient of automating wide range of data and transactions.” Mr. Raja Khoury, Operations Manager at ICS, spoke on behalf of ICS at BankTech’s conference. Mr. Khoury presented BANKS systems to the audience, and discussed the customization that was especially made for the Industrial Development & Workers Bank of Egypt. The opening ceremony started at 7 pm on Monday 25th May, 2009, where Mr. Shahin Serag Al-Din; Industrial Development & Workers Bank of Egypt Chairman and Dr. Motassem Kaddah; Industrial Development & Workers Bank of Egypt Board Member were present at the ceremony. Industrial Development & Workers Bank of Egypt was one of the exhibitors and sponsors, where its booth was right in front of ICS’s booth. ICS’s booth was one of the exquisite booths and was busy with delegates who were indulged by ICS’s team in addressing their inquiries.
 
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 56 banks across 3 continents.www.icslondon.com