NATSAVE goes for Finacle IBS
The National Savings and Credit Bank- NATSAVE says it will spend about 1. 3 Million US dollars to introduce a new banking system called Finacle IBS.
NATSAVE Managing Director Cephas Chabu says the new banking system will include new features such as internet banking, treasury and trade finance among others.
Mr. Chabu says this new banking innovation will promote financial inclusion as it will develop products relevant to Small and Medium Enterprises SMEs, which will in turn boost economic development.
Mr. Chabu was speaking during the signing ceremony with DATACENTRIX, a Company that implements hardware and software services in Lusaka today.
And DATACENTRIX Managing Director Johann Coetzec says the new system will provide fast, reliable and safe banking.