ICS BANKS Microfinance is a completely integrated and parameterised end-to-end solution that covers all microfinance lending activities, supporting multilingual and multi-currency functions, whilst addressing regulatory and competitive market requirements of the microfinance lending space.
ICS BANKS Microfinance is implemented with our Business Process Management (BPM) solution, supporting the full microfinance lending workflow cycle of applying, studying, approval and processing, and enhancing customer service through Digital channels.
ICS BANKS Microfinance is a cost-effective, flexible, and user-friendly lending software solution, suitable for any MFI. With its customised MIS capabilities, BI functions and easy tracking methods, the MFI is able to track the workflow of the loan process at any level, and any time, and can request reports, enquiries and advices receipts for each loan process, with full detailed information on the loan settlement transaction.
With a future-proofed architecture and a comprehensive set of rich and flexible features that can be configured to meet the MFI’s business needs, our clients can tailor any type of microfinance product according to their choice, and meet their customer’s needs.
ICSFS uses innovative technologies in the core of its products, develops first-class, dynamic, and future-proofed banking and financial products for new business trends.
ICS BANKS products come with high security, scalability, and flexibility.
First Iraqi Bank (FIB), a newly established fully digital bank in Iraq, has gone live on ICS BANKS Digital Banking solution from ICSFS, to be the first fully digital operational bank in Iraq.
Addis Ababa, Ethiopia: Nisir Microfinance Institution (Nisir MFI), an innovative and growing microfinance institution in Ethiopia, has successfully gone live, in a record time of 70 days, on ICS BANKS from ICSFS…
London, UK: World Finance, the voice of the market magazine, awarded ICSFS’ Managing Director; Robert Hazboun, in its World Finance Summer 2021 edition, under the World Finance – Islamic Finance Awards…
ICSFS has been supporting the Islamic banking sector through its Shari’a-compliant ICS BANKS Islamic software solutions, for more than two decades now, with bespoke Islamic products and services that have helped financial institutions to achieve a competitive edge.
Amman, Jordan: Cities and Villages Development Bank (CVDB), a publicly owned bank that finances Jordanian municipalities for the development of their infrastructure, has selected ICS BANKS Universal Banking software solution…
Tashkent, Uzbekistan: Asia Alliance Bank, multi-awards winning bank – recently awarded “The Best Bank for SMEs in Uzbekistan” by Asiamoney, and one of the leading banks in Uzbekistan, has selected ICS BANKS Islamic Banking software solutions from ICSFS…
Tashkent, Uzbekistan: Trustbank, one of the leading banks and the first private bank to be providing Islamic banking services in Uzbekistan, has selected ICS BANKS Islamic Banking software solutions from ICSFS…
First Iraqi Bank worked hard to employ an agile methodology, with a focus on high-quality technology delivery and unparalleled professional competence. ICSFS was chosen for having a strong base of detailed market knowledge, in-depth business and technology expertise, as well as cognitive skills competencies.
LONDON – The latest edition of World Finance magazine is out now and has confirmed ICS Financial Systems (ICSFS) as Best Islamic Banking & Finance Technology Provider as part of its Islamic Finance Awards. The Islamic banking sector has been growing rapidly in recent times and it is certainly an area of the market that ICSFS has been supporting through its Shari’a compliant solutions.
Al Wifaq International Islamic Bank for Investment and Finance, a newly established bank in Iraq, has selected the most holistic Islamic banking software; ICS BANKS ISLAMIC from ICSFS, the global software and services provider for banks and financial institutions, to start its Islamic operations in Baghdad, Iraq.
The National Bank of Yemen (NBY) has recently gone live with ICSFS’ award-winning ICS BANKS Universal Banking software. Following the bank’s development and modernization strategy, NBY opted for ICS BANKS Digital Banking to drive its digital transformation and enrich their customer’s user experience (UX).
World Finance, the voice of the market magazine, awarded ICSFS’s Managing Director; Robert Hazboun, in its Winter 2020 edition, as one of its World Finance 100 individuals and business in financial services that have outstanding enterprise and kept pushing their industries forward.
National Bank of Yemen (NBY), one of the largest commercial banks and a prominent contributor to the economic and social development in Yemen; has gone live with ICS BANKS Universal Banking Software from ICS Financial Systems Limited
IBS Intelligence recognised ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, for its Core Banking Implementation during its IBS Intelligence Global FinTech Innovation Awards 2019.
an innovative and growing microfinance institution in Ethiopia, has selected ICSFS to be its technology partner in providing a turnkey project, delivering its ICS BANKS Microfinance solution to expand their offering and drive growth.
The workshop was conducted by AAOIFI’s Master Trainer(s) with the objective to introduce and study key points and highlights of the newly issued financial accounting standards (FAS)—from the conceptual, practical, and comparative aspects.
At Oracle OpenWorld 2019 in San Francisco, ICSFS delivered 3 main sessions & joined multiple discussions where live production use-cases were provided on many innovative and emerging technologies; showcasing its awards-winning ICS BANKS Software, in utilising these technologies in real-life cases for the banking industry.
Islamic Finance Week 2019 brought together international and local experts in the field of Islamic finance – ministries, universities, professional communities, developers and investors who are interested in expanding the industry, providing and simplifying access to knowledge.
ICSFS and Oromia International Bank S.C (OIB), one of the most profitable banks in Ethiopia, announced the successful implementation and go-live of ICS BANKS Universal Banking and ICS BANKS Interest-free Banking (IFB)software suites.
Thanks to its state-of-the-art product offering, ICSFS has been named as the winner of World Finance’s Best Banking and Financial Software Solutions Award 2019.
Zanzibar, Tanzania: The People’s Bank of Zanzibar (PBZ), a state-owned and one of the oldest commercial banks in Tanzania, has successfully deployed and gone live on ICS BANKS ISLAMIC and ICS BANKS universal software suites from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions.
ICSFS is awarded “Best Technology Solution Provider to Islamic Finance in UK” during CIS (The Commonwealth of Independent States) – Islamic Banking and Finance Forum, organized by AlHuda Centre of Islamic Banking and Economics (CIBE).
ICSFS has participated in the 17th Annual Shari’ah Conference of The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), the leading international not-for-profit organisation primarily responsible for development and issuance of standards for the global Islamic finance industry.
The People’s Bank of Zanzibar will now enjoy banking on our modern banking technology platform, ICS BANKS ISLAMIC and ICS BANKS universal software suites, to empower its banking services with a broad range of features and capabilities with more agility and flexibility.
ICSFS announced it has earned Oracle Exadata Optimized status through Oracle PartnerNetwork (OPN), demonstrating that ICS BANKS 6.0 has been tested and tuned on Oracle Exadata Database Machine to deliver speed, scalability and reliability to customers.
ICSFS announced that Al Mustashar Islamic Bank, a recently established bank in Iraq, is now operating on its multi-awards winning Islamic banking software suite ICS BANKS ISLAMIC.
ICSFS today announced that Hammurabi Commercial Bank, a new established bank by the Central Bank of Iraq, has selected the multi-awards winning solution ICS BANKS Universal Banking Software Suite.
Performed in August 2018, at Oracle’s UK Labs, ICSFS benchmarked its ICS BANKS software suite on Oracle Exadata Database environment. The benchmark covers both Oracle Database Enterprise Edition 12c and 18c. The results have demonstrated ICSFS’ ability to derive remarkable and competitive performance of ICS BANKS running on Exadata servers.
ICSFS has successfully completed the implementation of blockchain proof of concept (PoC), which was conducted at Arab Jordan Investment Bank (AJIB), one of Jordan’s leading investment and commercial banks, through ICS BANKS Blockchain Adapter between Amman Head Office and Cyprus Branch (Limassol).
The Agricultural Bank of Sudan has gone live on ICS BANKS ISLAMIC from ICSFS, the global software and services provider for banks and financial institutions.
ICSFS announced today that Guaranty Trust Bank (Tanzania) Limited (GTBank Tanzania); subsidiary of Guaranty Trust Bank PLC, has successfully gone live on ICS BANKS Universal Banking Solution.
ICSFS announced it was invited by Oracle to participate and join the Partner Panel Discussion at Oracle Cloud Summit for ISV Executives, which was hosted in London on Wednesday April 18, 2018 at the Queen’s House in Greenwich.
ICSFS is one of the first Oracle ISV partners in the MEA region to adopt cloud technology and obtain full cloud certification – full market place registration – and has fully deployed its solutions on Oracle Cloud for production use to their clients.
ICSFS announced that its ICS BANKS Universal Banking Application is now available in the Oracle Cloud Marketplace offering added value to all banking sector customers. ICS BANKS enable core banking functionalities as well as modern digital banking tools.
London, UK: CEO Insight Magazine, the presenter of “CEO Insight Companies of Excellence”, have selected ICS Financial Systems Limited (ICSFS), the global financial software and services provider of ICS BANKS for banks and financial institutions, to be acknowledged and listed amongst the top 15 companies in its 2018 Companies of Excellence.
ICSFS announced that Panin Dubai Syariah Bank which is a long-standing major Indonesian bank, has officially selected the multi-awards winning system ICS BANKS ISLAMIC to replace its existing legacy system.
International Islamic bank chose ICS BANKS ISLAMIC to provide its customers with the bespoke products and services, the project kicked off in mid-march 2017, and it was finalized, in a record break time of five months.
AL-Thiqa Islamic Bank will be implementing ICSFS’ universal Islamic flagship, ICS BANKS ISLAMIC Core Banking, with various banking modules to provide excellent service to their clients.
ICSFS announces the successful implementation, launch and roll-out of its awards-winning banking and financial solution ICS BANKS at Providus Bank based in Nigeria
Global Banking and Finance Review, one of the worlds’ leading global banking and finance publication has announced ICSFS as the “Best Banking Technology Provider MEA 2017”
ICSFS announced that Oromia International Bank (OIB) which is a massively growing bank in Ethiopia, has selected the multi-awards winning system ICS BANKS ISLAMIC.
ICSFS announced that its ICS BANKS Treasury System has been recognized as Sustainable Treasury Management Solutions Leader -MENA by CEO Insight.
London, UK: Global Banking and Finance Review has announced ICS Financial Systems Ltd. (ICSFS), the global software and services provider for banks and financial institutions, the “Best Islamic Banking Technology Provider MEA 2017”
Uganda, Africa:ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions, showcased its multiple award winning Islamic banking software, ICS BANKS at Finnovation Africa Convention which was held in Uganda at Sheraton Kampala Hotel on the 7th of April 2017.
ICSFS is proud to announce that its leader Mr. Robert Hazboun is recognized as one of the top 20 CEOs of the year 2017 by the CEO Insight Magazine.
Uganda, Africa: ICSFS showcased its multiple award winning Islamic banking software, ICS BANKS ISLAMIC, at Sub‐Saharan Africa Islamic Finance Convention which was held in Uganda at the Sheraton Kampala Hotel
International Islamic bank (IIB) is a newly registered Iraqi bank that will be offering banking and financial services in Iraq. IIB will be implementing ICSFS’ universal Islamic flagship, ICS BANKS ISLAMIC, and will be provided with its world-class fully integrated banking solutions that are designed and developed following the principles of Shari’a
ICSFS will be exhibiting at the Sub‐Saharan Africa Islamic Finance Convention & Innovation 2017 in Uganda, which is a new frontier of opportunity of Islamic ﬁnance expansion in the region, and will be held at the Sheraton Kampala Hotel, on the 6th of April 2017.
Before selecting ICS BANKS Finance Lease System from ICSFS, Al Etihad Finance Leasing Company has evaluated other leasing solutions but decided to adopt the latest and bespoke developed application, with a partner that has a successful track record in providing and implementing finance lease system.
GUARANTY TRUST BANK (Tanzania) LIMITED (GTBank Tanzania), has selected the awards winning Universal Banking solution ICS BANKS from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions.
ICSFS announced that it has been named a member of the “World Finance 100” in recognition of its excellence in the field of banking solutions.
Each year World Finance compiles the list of 100 individuals and companies – not according to capitalisation figures or growth, but purely on excellence in their field.
ICSFS announced that BOND Savings & Loans Ltd., which was recently awarded the fastest growing brand in the Savings and Loans industry, has officially selected the awards-winning banking and financial solution ICS BANKS to be implemented in its Headquarters and all its branches in Ghana.
ICSFS announced that Al-Arabiya Islamic Bank, a newly established Bank located in Iraq, selected the multi-awards winning system ICS BANKS ISLAMIC System.
ICSFS announced that People’s Bank of Zanzibar (PBZ), a state-owned and one of the oldest commercial banks in Tanzania has selected the multi-awards winning systems ICS BANKS and ICS BANKS ISLAMIC Systems.
ICSFS today announced a successful implementation of its awards winning software; ICS BANKS ISLAMIC System, in Noor Al-Iraq Islamic Bank, an Iraqi based bank which was formerly known as Sama Baghdad Islamic Bank.
Burgan Bank, one of the leading banks in the Middle East, North Africa and Turkey (MENAT) region, has successfully gone live on ICS BANKS, the awards winning universal banking software, from ICSFS
Burgan Bank, one of the leading banks in the Middle East, North Africa and Turkey (MENAT) region, has successfully gone live on ICS BANKS, the awards winning universal banking software, from ICSFS
ICSFS has showcased its Awards wining universal banking and financial software; ICS BANKS, at Dot Finance Africa that was held at the Visa Oshwal Centre, from 4th May till 5th May, 2016.
London, UK: Global Banking and Finance Review has announced ICS Financial Systems Ltd. (ICSFS), the global software and services provider for banks and financial institutions, as the “Best Islamic Software Provider in Middle East and Africa for 2016”.
Guaranty Trust Bank (GTBank) – an awards winner and one of the largest banks in Africa that was named “Africa’s Most Innovative Bank for 2015” – has successfully upgraded to the latest version of the awards winning solution ICS BANKS from ICSFS
Omdurman National Bank successfully implemented ICS BANKS ISLAMIC to provide its customers with the most innovative and the richest possible suite of Islamic financial solutions, meeting all business and Shari’a requirements.
ICSFS announces that Mansour Bank for Investment, an Iraq-based bank and its partner, Qatar National Bank (owns 51%), has selected its global awards winning flagship ICS BANKS to replace its core banking and IT systems.
ICSFS showcased its multiple award winning Islamic banking software, ICS BANKS ISLAMIC, at the International Islamic Banking Summit Africa 2015, which was held at the Djibouti Palace Kempinski Hotel, Nakheel Ballroom
ICSFS announces that it has signed an agreement with the King Hussein Cancer Foundation’s Cancer Care Program (CCP), which is a non-profit coverage program that provides cancer care coverage and guaranteed treatment at the King Hussein Cancer Center (KHCC)–one of the top cancer centers in the world–in return for a minimal annual subscription fee, as no other insurance company in Jordan provides guaranteed cancer treatment coverage at KHCC.
ICSFS is pleased to announce that its awards wining flagship solution, ICS BANKS® has been awarded “Banking Software of the Year” and ICS BANKS® ISLAMIC has been awarded “Islamic Banking Application of the Year” at the BoICT Award 2015 that was held in Lagos.
In today’s world, when a business is looking to take things to the next level, it turns to technology to help get it there. In the banking sector, the current economic climate and increased regulation mean that profits are restricted and bottom lines shrink
ICS BANKS was successfully deployed at Jordan Kuwait Bank’s Cyprus Branch in a record breaking time of only 46 days. The bank experienced a smooth implementation process which started on 15 February, 2015 and was completed on 1 April, 2015.
Global Banking and Finance Review, one of the worlds’ leading global banking and finance publication has announced ICSFS, the global software and services provider for banks and financial institutions, as the “Best Islamic Software Provider in MENA for 2015”.
ICSFS jointly conducted a one day seminar with Oracle titled ‘’Empowering the Financial Sector in Kenya ‘’to introduce the latest technology and innovation for the banking and financial industry.
ICSFS received high recognition for innovation while showcasing its complete suite of Islamic banking software offerings from ICS BANKS ISLAMIC at the International Forum on Islamic Finance – IFIF 2014, which was held on the 9th & 10th of December at Al Salam Rotana Hotel in Khartoum, Sudan.
ICSFS is pleased to announce that it has won “Best Core Banking Solutions Provider – Middle East” for its ICS BANKS solution at the International Finance Magazine Awards 2014 .
(London, UK) -Syria’s newest bank, Syria Gulf Bank, has awarded complete automation project for its operations across the republic to ICS (London) Ltd. and ICSF with their affiliated world-leading technical implementation team at CCS (Jordan).
ICS’ BANKS web-enabled Banking solution– a complete integrated banking system for its various banking environments running on oracle 10g platform, will now communicate in French at Trust Bank Algeria. The system is scheduled to be fully functional at the bank by end of 2007 as agreed upon by both parties.
IBS publishing has been the news source on international banking operations for the past sixteen years.
Today IBS revealed the Top 2006 softwares in which International Computer System’s BANKS was positioned FOURTH place to its competitors
(London, UK)- International Computer Systems (London) Ltd. announces the successful completion of its full automation of the newly established Unity Bank, a merger of nine different Nigerian Banks. The merger of the bank was concluded in March 2006, thereafter the commencement of the automation project with ICS, which led to the gaining of 16% of the Nigerian Banking market in only a matter of 8 months.