Africa-based Guaranty Trust Bank (GTBank) is to deploy ICS BANKS, developed by ICS Financial Systems (ICSFS), at its newly acquired subsidiaries in Kenya, Uganda and Rwanda.

ICS BANKS is a suite of banking business modules that allows banks to automate their accounting processes and improve business performance.

GTBank is already using ICS BANKS at its Nigeria, Gambia, Sierra Leone, Ghana, UK, Ivory Coast and Liberia units, and will now be used at its recently acquired Fina Bank, which will be renamed and rebranded as a subsidiary of GTBank.

GTBank East Africa Group managing director, Adekunle Sonola, said as they look to expand their business and services across East Africa, they have recognised that exponential growth will only be possible by adopting advanced technological solutions.

"We are accustomed to the strengths of ICS BANKS® solutions through our long experience as a customer with ICSFS," Sonola added.

ICSFS managing director, Robert Hazboun, said ICSFS is committed to drive innovation, and they are keen to deliver customer service through highly motivated teams and innovative banking technology.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

"The new acquired subsidiaries of GTBank will benefit from our systems and its flexibility and productivity, which will reflect on the subsidiaries’ workflow to continuously improve the functionality and technical performance," Hazboun added.