KBC Bank, China Systems “existing global customer and largest western financial group invested in Central/Eastern Europe, has signed a contract for the purchase of 100 additional CS Eximbills workstation licences to cover the trade finance requirements of its subsidiary, Ceskoslovenska Obchodni Banka (CSOB) in Czech Republic and Slovakia.
KBC has also purchased the powerful Eximbills Toolkit which will allow its own development team to customize the system to match the exact processing needs of CSOB.
CS Eximbills is an integrated trade finance system designed to automate the full range of trade finance activity as well as the communication needs of the department.
CSOB (Ceskoslovenska Obchodni Banka is an 89.97% owned subsidiary of KBC) and is the largest bank in the Czech Republic and Slovakia, measured by the value of assets. As a universal bank, it offers a full range of banking services to individuals and companies.