Rammis Bank live with iMAL core banking system from Azentio
Phase one of the implementation project at Rammis Bank was completed in 30 days.
iMAL
Path Solutions founder Mohammed Kateeb to leave firm
Path Solutions founder and CEO Mohammed Kateeb is to leave the firm after managing its sale to Azentio Software in 2021.
Path Solutions gains first Ethiopian client in Bank of Abyssinia
Bank of Abyssinia has over 4.6 million customers and 580+ branches and Islamic windows.
Somalia’s Amana Bank selects Path Solutions for Islamic core banking
Amana Bank selects iMAL to fuel digital transformation.
Bank Assafa goes live on iMAL core banking system
Moroccan bank goes live after 18-month implementation period.
Sudan’s Al Khaleej Bank selects Path Solutions and iMAL
Islamic bank looks to become leader in its market.
New bank in Morocco opts for Path Solutions’ iMAL core banking system
Start-up Islamic bank Bank Al-Tamweel Wa Al-Inma (BTI Bank) implements new front-to-back office tech.
Morocco’s Attijariwafa Bank chooses Path Solutions’ core system
Bank Assafa (subsidiary of Attijariwafa Bank Group) is Path’s third client in the country.
Al Baraka Bank Lebanon kicks off core banking revamp
It is a long-standing user of Misys’ (now Finastra) Equation.
Path Solutions beats ICS Financial Systems to core banking system deal in Iraq
Al-Rajih Islamic Bank, a greenfield bank in Iraq, has signed for the iMAL core banking system from Path Solutions.
Al Baraka Banking Group signs for Path Solutions’ iMAL core banking system
Bahrain-based Al Baraka Banking Group (ABG) has signed to implement the iMAL core banking system from Path Solutions at four of its 15 international subsidiaries.
Zain Bank signs for Path Solutons’ iMAL core banking system
Zain Iraq Islamic Bank for Investment and Finance, a start-up retail bank in Iraq, has opted for the iMAL core banking system from Path Solutions.
Path Solutions gains new core banking tech client in Sudan
Sudan Financial Services Company (SFSC) has signed to implement the iMAL solution from Path Solutions for its investment activities.
National Bank of Kenya in core banking system upgrade
National Bank of Kenya says it has upgraded to “the fifth and latest version” of its core banking platform, Fusionbanking Essense, supplied by Finastra (formerly Misys).
Faisal Islamic Bank signs for Path Solutions’ iMAL core banking system
Sudan-based Faisal Islamic Bank is modernising its core banking software with Path Solution’s iMAL. Path’s competitor for the deal was ICS Financial Systems (ICSFS) with its ICS Banks offering.
Path Solutions scores first core banking system deal in Morocco
Crédit du Maroc (CDM), a Morocco-based subsidiary of the Crédit Agricole group, has signed for Path Solutions’ iMAL core banking system to support its newly launched participative banking window.
Trustbank Suriname selects core banking tech from Path Solutions
Path Solutions and its iMAL core banking system have beaten Temenos and Oracle FSS to a core banking software deal at Trustbank in Suriname.
Autosoft Dynamics ousts rival Path Solutions at ex-Burj Bank in Pakistan
Al Baraka Bank in Pakistan is migrating the acquired fellow Islamic bank, Burj Bank, onto the Autobanker core banking system from Autosoft Dynamics.
New loan origination system for Mobilink Microfinance Bank
Pakistan-based Mobilink Microfinance Bank (MMBL, formerly Waseela Microfinance Bank) is implementing a new loan origination system, supplied by Path Solutions.
Bank of Khartoum International live on Path Solutions’ iMAL core system
Bank of Khartoum (BOK) has opened its first international branch, underpinned by Path Solutions’ iMAL core banking system. The branch is located in Bahrain. Path Solutions is a long-standing tech supplier to the Sudanese bank, but says that iMAL “was chosen over competitors’ systems” for the BOK International project. BOK International focuses on products and […]
Sungard out, Path Solutions in at Amãna Bank
Sri Lanka-based Amãna Bank has gone live with new treasury and asset management software, supplied by Path Solutions. The new products, iMAL Islamic Treasury and iMAL AssetManagement, replaced a legacy treasury and equity management platform at Amãna. Banking Technology understands that this was Sungard’s Ambit Treasury Management. The new software interfaces to Swift and supports […]
Siraj Finance to oust ITS’s Ethix core banking system in favour of Path Solutions’ iMAL
UAE-based Islamic financial institution, Siraj Finance, is replacing ITS’s Ethix core banking system with iMAL from Path Solutions. The new platform will cover all main operations of Siraj Finance, including transaction processing, treasury, trade finance, investment management, profit calculation, credit bureau interface, Swift, electronic cheque clearing, provisioning and reporting. Abu Dhabi-based Siraj offers consumer and […]
Path Solutions gains two new takers of iMAL core banking system
Path Solutions is implementing its flagship core banking offering, iMAL, at Summit Bank in Pakistan and Wifack International Bank in Tunisia. The contracts were signed in December and the roll-out is underway. Summit Bank Pakistan-based Summit Bank is implementing iMAL as it looks to grow its Islamic banking presence. Summit Bank was searching for a […]
