ICS Financial Systems Extends Leading Presence in Africa

ICS Financial Systems Limited, the global software and services provider for banks and financial institutions, partnered with new banks through expansion of its operations in Kenya, Rwanda and Uganda. This project was awarded to ICSFS by Guaranty Trust Bank Plc (GTBank), which is one of the largest banks in Africa.

Guaranty Trust Bank recently acquired Fina Bank, an East African Bank, which was subsequently rebranded and became a subsidiary of GTBank Plc.

ICS BANKS was successfully deployed at Guaranty Trust Bank Kenya, Guaranty Trust Bank Uganda and Guaranty Trust Bank Rwanda in record breaking time. The three banks experienced a smooth implementation process which started in January, 2014 and was completed in August 2014.

During the implementation period, ICSFS applied great efforts to overcome all obstacles which eventually led to the successful implementation of ICS BANKS® in all three East African subsidiaries of GTBank Plc. Guaranty Trust Bank Rwanda has implemented a fully comprehensive solution ICS BANKS® in all 18 branches, which is also the case for Guaranty Trust Bank Uganda and Guaranty Trust Bank Kenya, who have implemented the system in all branches.