ITS gains first core banking system deal in Morocco
New core banking tech deal for ITS in Morocco
Morocco-based Al Akhdar Bank, a joint venture of Crédit Agricole and Islamic Corporation for the Development of the Private Sector (ICD), has signed for a new core banking solution, Ethix, supplied by International Turnkey Systems (ITS).
This is the first core banking tech project for ITS in Morocco, Banking Technology understands.
Ethix will support the bank’s retail and corporate Islamic banking services.
Fouad Harraz, CEO of Al Akdhar Bank, says the new core platform will help the bank provide “outstanding customer experience” and gain “a strong position in the Moroccan market”.
