People’s Bank of Zanzibar selects ICSFS tech

People’s Bank of Zanzibar (PBZ) has selected the ICSFS core banking systems, ICS Banks and ICS Banks Islamic. Implementation will begin this month.

Juma Hafidh, Managing Director at the state-owned bank, says: “We are always looking forward to deliver innovative solutions for our customers; we believe that ICSFS solutions will assist us deliver innovative products and services, it has the extended experience and technology to fulfil our vision. 

ICS Banks will support conventional and Islamic banking services in 18 different branches among the country, hence we believe it will provide us with extra competitive advantages and flexibility.”