Trade finance news

SIBOS UPDATES: Turkey’s Isbank signs up for China Systems solution

Last Updated September 16, 2008

Turkish Bank Isbank has signed a purchasing agreement with China Systems to implement its J2EE trade finance solution Eximbills Enterprise and customer front end portal solution customer enterprise.

"İşbank decided to use Eximbills Enterprise because we were convinced that [it] will be the best tool for the execution of robust trade processes that we have been re-engineering within the framework of our ongoing customer centric transformation project,” comments Yeliz Asibelli, Isbank’s assistant manager.

Angus Sutherland, regional sales director for China Systems in Europe, adds: “Turkey is a new market for China Systems and İşbank's dominant market position makes this an exciting and challenging partnership.”

Eximbills Enterprise has been installed by many international banks to meet their trade services processing requirements. It combines a rapid application development toolkil that can support traditional trade, open account, supply chain finance and payment operations.
Isbank has an operating profit of US$1.729bn, as of June 30, 2008 and US$88.26bn in total assets.



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