Trade services solutions provider China Systems has added First City Monument Bank (FCMB) in Nigeria to its list of clients for its J2EE-based trade services enterprise solutions.
China Systems’ Enterprise solution is an established global standard that can be installed by international banks to meet their trade services processing requirements. This combines a rapid application development toolkit with a flexible base business model, providing support for traditional trade, open account, supply chain finance, and payments operations.
FCMB is the first bank established without government support in Nigeria. It was a leading merchant bank until 2001 when it became a universal bank, opening up to retail clients. The bank accounts for over 2% of total assets in the banking industry and has over 130 branches across Nigeria.
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