Egyptian Bank Chooses ITS Ethix-Financial Solutions

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Egyptian bank chooses ETHIX-Financial Solutions to take advantage of expected regional growth.

The Faisal Islamic Bank of Egypt will deploy a banking technology solution from IT software provider International Turnkey Systems (ITS) Group.

Ethix-Financial Solutions will provide the bank with pre-defined models for Islamic finance and investment, as part of the bank's attempt to benefit from the expected growth within the Islamic banking sector.

"The deployment comes as a part of our expansion plan in Egypt, which is a fertile ground for Islamic banking services," says Ismail Al Malwany, IT

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