WSBI Zambian member invests $1.3 million to launch new banking system
BRUSSELS, 30 June 2015 – The WSBI member National Savings and Credit Bank – NATSAVE – says it will spend about US$1.3 million 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.
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