Kuwait Finance House appoints ITS to provide integrated ‘Ethical Banking’ solution
Kuwait Finance House – Bahrain (KFH-Bahrain) announced today that it has appointed the computer group International Turnkey Systems (ITS) to provide an integrated ‘Ethical Banking’ solution to support the Bank’s expansion plans.
The one year contract includes upgrading the Bank’s core banking system, integrating the branch automation system, trade finance, Islamic finance, internet banking, in addition to services related to human resources and treasury. The combined solutions will benefit the customer by providing greatly enhanced services from the Bank.
Ethical banking is a critical concept that needs to be adopted in order to pull out individuals and corporations from the economic crisis. Islamic Finance is one of the ways to help reach that goal.