ArabianBusiness.com - Middle East Business News
Thursday, 26 November 2009 22:52 UAE time

YOUR DIRECTORY /

| Share |

Arab Bank Syria to roll out systems for branch launch

by ArabianBusiness.com staff writer  on Friday, 22 September 2006

Arab Bank Syria is rolling out a complete IT infrastructure to support the opening of its first branches across the country.

Suppliers the bank is working with include Cisco, HP and Oracle, senior IT executives at the bank told IT Weekly.

A sister company of Arab Bank, it plans to open five branches by the end of this year with plans for 15 to 20 branches to open within the next five years.

Story continues below
advertisement

So far it has spent around US$1.8million building a data centre at its head office in Damascus, which is powered by 25 HP servers, a network infrastructure using technology from Cisco and cabling from Swiss company Reichle & De-Massari (R&M).

The bank’s first branch has opened in Damascus, with two more branches due to open in Aleppo and Kassa this month.

Khalil Maraka, IT manager, Arab Bank Syria, explained that the bank has created a network infrastructure that will link all its branches to the head office and data centre in Damascus.

The branches will be linked through cabling supplied by R&M to the head office, allowing all processes to be centralised.

“The fact that the whole IT system is centralised will mean that any updates can be carried out centrally instead of someone having to go to each branch to carry out the amendments,” Maraka said.

The system also includes a centralised Oracle database from which staff can extract reports.

The bank’s network infrastructure will be designed to support both voice and data traffic. Maraka revealed the bank was considering proposals to deploy internet protocol (IP) telephony over the network and hoped to have this in place by the end of the year, perhaps as early as next month.

The bank will also be using a core banking solution called Banks from the British Jordanian company CCS, run on the Linux platform which, claimed Maraka, would improve the workflow of business processes carried out within the bank.

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

From  Current Issue

SHARE PRICE CHECK

more » MIDDLE EAST MARKETS DATA

ARBK.ASE

Last Price:

12.60

-0.14-1.09%

25 Nov 2009 10:38 GMT
(Market Closed)

RELATED LINKS

  1. Arab Bank - Jordan»
  2. Cisco Systems»
  3. Hewlett-Packard Company»
  4. Oracle Middle East»

 EMAIL ALERTS

  1. Arab Bank - Jordan

  2. Cisco Systems

  3. Hewlett-Packard Company

  4. Oracle Middle East

  5. Reichle & De-Massari Middle East FZE (R&M)

  6. Technology


CURRENCY CONVERTOR

Tell us your story

READER COMMENTS

  1. Deal sought on Dubai World, Nakheel debts 21
    26 Nov ' 09 at 20:13
    Red Devil/Sandjocky, I have also had several posts blocked over the past couple of days, posts that speak of the facts only as they...   More  »
  2. UAE real estate market has now hit bottom - analysts 05
    26 Nov ' 09 at 21:36
    Comn' AB is a yo-yo when it comes to news.People forecasting good and then bad. Good and bad and then some more "experts" saying...   More  »
  3. Moody's cuts Dubai GRI ratings amid debt delay 02
    26 Nov ' 09 at 19:51
    Dubai World better change its slogan & reposition itself - Dubai LTD.   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM