Friday, November 22African Digital Business Magazine

Tag: Ethiopian Central Bank

African News, Ethiopia News

Polaris to Implement Intellect Quantum Core Banking Solution in National Bank of Ethiopia

  ADDIS ABABA, Ethiopia and CHENNAI, India, October 8, 2012/PRNewswire-FirstCall via African Press Organization (APO)/ — Ethiopian Central Bank chooses Polaris’ Intellect Quantum CBS specifically designed for Central banks Polaris Financial Technology Ltd (POLS.BO), a leading global Financial Technology Company, today announced that National Bank of Ethiopia, an important Central Bank in the African continent, has chosen to implement Polaris’ next-generation Intellect(TM)Quantum Core Banking Solution (CBS) for Central Banks. Polaris’ Quantum CBS will be National Bank of Ethiopia’s new core banking system, comprising Core Banking, General Ledger, Trade Finance, Treasury and Enterprise Reconciliation. The future-ready core banking system will support the Central Bank with a comprehen...