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- Cities & Villages Development Bank Selects ICS BANKS Universal Banking Solution from ICSFS
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 – to be deployed on the cloud – from ICS Financial Systems (ICSFS), the global software and services provider for banks and financial institutions.
– Robert Hazboun, Managing Director, ICS Financial Systems.
ICSFS invests in its software suites by utilising modern technology in launching new products, constructing a secured and agile integration, and keeping pace with new standards and regulations worldwide. ICS BANKS software suite future-proof banking activities by providing a broad range of features and capabilities with more agility and flexibility, to enrich customers’ journey experience, hence improving the trust and confidentiality between the customer and the bank. ICS BANKS has always been a pioneer in utilising the latest technology to serve financial institutions. In addition to its embedded Service-Oriented-Architecture (SOA), the system can be deployed on-premises or on the cloud
About Cities and Villages Development Bank:
CVDB is a publicly owned bank established in 1979 and provides financing to Jordanian municipalities for the development of their infrastructure. CVDB administers and guarantees loans granted to municipalities, assists the local councils in setting priorities for economically feasible projects, and provides technical experience as well as services including training of technical staff. The CVDB also acts as a financial intermediary for government transfers and administers the municipalities’ treasury collected by the Jordanian government on their behalf. CVDB’s Board of Directors is chaired by the Minister of Local Administration and is comprised of representatives from a number of Ministries and local municipalities. http://www.cvdb.gov.jo/
About ICS Financial Systems Ltd. – (ICSFS):
A leading provider of modern banking and financial technology powered by a very solid, agile, and digital banking platform as part of its DNA, launching innovative products that are constructed on a secured and agile integration. Its ICS BANKS software is a fully integrated universal banking software with many suites servicing the financial industry that provide open products with international standards, real-time business processing and value-added capabilities of tailoring products, on-premises or on the cloud. ICS BANKS software suites future-proof banking activities by providing a broad range of features and capabilities with more agility and flexibility, to enrich customers’ journey experience. www.icsfs.com