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August 11, 2022
Finance Technologies

First Iraqi Bank selects ICS Banks core banking tech from ICSFS

First Iraqi Bank (FIB), a start-up financial institution in Iraq, has chosen the ICS banks core banking system from ICS Financial Systems (ICSFS). Iraq’s first digital bank opts for the ICSFS core banking tech FIB claims to be “the first and only fully digital bank in Iraq”. It has aspirations “to transform the banking sector in Iraq, the MENA region and other unbanked populations with a major cash-based society”, leveraging “the best practices of the East and the West”. Shaymaa Ali Hussein, managing director of FIB, states: “The need for a digital bank in Iraq today is long overdue since…
First Iraqi Bank selects ICS Banks core banking tech from ICSFS

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