India: Islamic Bank of Asia selects Flexcube

Click here: Business Standard –  Islamic Bank of Asia selects Flexcube

The Islamic Bank of Asia (IB Asia) will be implementing i-flex’s Flexcube  Islamic banking suite as the core banking solution for its operations. IB Asia, the first Islamic Bank in  Singapore, formed by DBS Bank and leading investors from the Gulf Co-operation Council, caters to commercial banking, corporate finance, capital markets and private banking services.

The Flexcube Islamic banking suite will provide the bank a Shariah- compliant, new generation core banking solution, which will automate the transaction processing function of the bank. Flexcube will provide IB Asia customer-centric solutions to enable faster response and a single view of the customer across businesses.

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