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Banque de l'Habitat to get new core banking systems

CapitalBanker from Capital Banking Solutions to support growth at Lebanese bank

Banque de l'Habitat to get new core banking systems
Banque de l'Habitat's new core banking solution is intended to support growth plans.

Banque de l'Habitat, Lebanon, has selected Capital Banking Solutions is to provide its core banking system, CapitalBanker, to support the company's growth strategy and banking operations.

The bank said it required a robust solution which support rapid growth, as it aims to extend its services.

The core banking solution will be deployed across multiple branches to support a variety of functions such as party relationship management, administrative services, banking services, financial accounting, lending and reporting.

"Banque de l'Habitat's business model of granting long term housing loans -- especially to those who have limited or average income -- is very focused and our business requirements are unique," said Joseph Sassine, chairman and general manager, Banque de l'Habitat. "As we look to extend our business offerings and stay in line with the latest technologies, it was essential to bring in a robust platform that would not only support our requirements but would also be able to sustain our rapid growth and changing needs. By selecting to work with Capital Banking Solutions, we knew we were gaining a provider with a proven track record for delivering quality solutions on time and on budget."

"We are excited to support Banque de l'Habitat's evolving business needs," said Aziz Akl, general manager, Capital Banking Solutions Middle East. "With our rich history of banking expertise, we are able to provide them with strategic guidance on how to translate their new requirements into a state of the art technology platform. CapitalBanker empowers Banque de l'Habitat to launch a single solution across multiple branches that will support a variety of functions such as party relationship management, administrative services, banking services, financial accounting, lending and reporting."

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