You are here > News & Events
ARBES OBS Core Banking System Implementation Starts in Kazakhstan
February 16, 2009
Launch of the implementation of the ARBES OBS Core Banking system for JSC Home Credit Bank in Kazakhstan
ARBES has begun work on the implementation of the ARBES OBS
information system that will become the Core Banking system at JSC Home
Credit Bank Kazakhstan. ARBES is replacing the current banking system
in the bank. ARBES OBS will cover
the entire product portfolio, the online connection to the system for
providing HCI HomeR group loans and the entire area of reporting to the
banking institution regulatory authorities in Kazakhstan. ARBES will
cooperate with a local IT partner on the localization of the banking
solution.
One of the main reasons why ARBES
won the tender is its familiarity with local markets, which is the
result of their business and project activities beginning in 2007-2008
with the ARBES OBS system
implementation for the BOG bank in Georgia. The regions of Eastern
Europe and Kazakhstan form an important market for ARBES and for the
expansion of its activities.