First Security ties up with LEADS Corp
Friday, 16 July 2010
FE Report
First Security Islami Bank Limited, a local Islamic commercial bank in the private sector has recently tied up with software giant LEADS Corporation for purchasing BankUltimus- a renowned local core banking solution.
The third generation bank, which has recently switched towards full scale Islamic banking services, says that the move is part of their recent shift towards Shariah Based Core Banking Solution.
The two companies inked an agreement in this regard at a formal deal signing ceremony in the city Tuesday.
Head of IT of First Security Islami Bank Limited Taher Ahmed Chowdhury and Chief Operating Officer of LEADS Corporation Basir Ullah Talukder signed the deal on behalf of their respective entities.
Managing Director of FSIBL A. A. M. Zakaria, Deputy Managing Director Md. Abdul Quddus, Director Shaik A Shahid & and other senior officials of the two companies were also present on the occasion.
FSIBL is the latest in an array of local banks in Bangladesh who have recently opted for this BankUltimus core banking solution-which, its developers said, offers 'complete set of banking applications at a reasonable cost'.
First Security Islami Bank Limited, a local Islamic commercial bank in the private sector has recently tied up with software giant LEADS Corporation for purchasing BankUltimus- a renowned local core banking solution.
The third generation bank, which has recently switched towards full scale Islamic banking services, says that the move is part of their recent shift towards Shariah Based Core Banking Solution.
The two companies inked an agreement in this regard at a formal deal signing ceremony in the city Tuesday.
Head of IT of First Security Islami Bank Limited Taher Ahmed Chowdhury and Chief Operating Officer of LEADS Corporation Basir Ullah Talukder signed the deal on behalf of their respective entities.
Managing Director of FSIBL A. A. M. Zakaria, Deputy Managing Director Md. Abdul Quddus, Director Shaik A Shahid & and other senior officials of the two companies were also present on the occasion.
FSIBL is the latest in an array of local banks in Bangladesh who have recently opted for this BankUltimus core banking solution-which, its developers said, offers 'complete set of banking applications at a reasonable cost'.