History of BML Istisharat from Corporate to Digital Core Banking

HISTORY

We have embarked on an exciting journey since more than four decades with interests fully aligned with the one of our clients.

 

2019

Dubai Head Office and Operation Center

 

2018

BML Istisharat acquired by MFI Investment Dubai and foundation of BML Technology LLC

ICBS in production in Malaysia at BSN, a multimillions accounts bank

ICBS on Oracle Cloud Market Place, In Production on Oracle Cloud at Bank Of Jordan

 

 

2016

ICBS in Production in Malta at APS Bank

ICBS FATCA, GATCA and SEPA, GPI ready

 

2015

BML (Iraq) foundation

Infoel (Malta) foundation

ICBS Mobile Banking (m-ICBS)

 

2013

Launching of ICBS Front End reengineering on J2EE IDE/MVC Platform

 

2012

ICBS in South East Asia

 

2016

ICBS on Gartner’s Magic Quadrant for 6 consecutive years for International Retail Banking

 

2007

ICBS in Eastern Europe for BLOM Bank

CIRIS portal for Grain Dealers Mutual in Indianapolis – USA

ICBS Islamic at Jordan Islamic Bank (Al Baraka Group), Blom Development Bank (BLOM Group)

 

2006

ICBS Internet Banking (e-ICBS)

ICBS Islamic in Qatar at Masraf al Rayan

CIRIS Takaful in Jordan at Islamic Insurance Company

 

2005

IMAD automotive and CIRIS Auto TPA

 

2004

ICBS Web in Kuwait for Commercial Bank of Kuwait

 

2002

ICBS Financial Companies

 

2001

ISO 9001 Certification

 

2000

Foundation of Infoel USA

LIRIS “Banc assurance” adopted in Lebanon by Fransabank and Banque Libano-Francaise

 

1999

ICBS Oracle Penetration

ICBS Oracle implementation in Jordan at Bank of Jordan and in Lebanon atCredit Libanais, Credit Bank, etc.

 

1997

1st export of CIRIS to the USA

 

1993

ICBS AS/400 penetration

ICBS AS/400 implementation in Lebanon at Societe Generale, BNPI and SNCB (NCB)

ICBS AS/400in Paris at Banque Populaire and in Jeddah at Saudi Cairo Bank

 

1992

ICBS in (USSR) Russia at Vostok Bank

 

1991

CIRIS Oracle fortune 500 penetration

CIRIS Oracle Implemented in Athens at AGF

 

1990

ICBS Fortune 500 Penetration

ICBS implemented in Paris at Citibank

Acquisition of IBM activities in Lebanon and Foundation of BML, unique IBM distributor in Lebanon

 

1989

IMAD implemented in Kuwait at Axa Brown Boveri (ABB)

1st version of LIRIS Life Insurance solution implemented in Nicosia at Eurolife

 

1988

Infoel SA Paris foundation

1st Client in Paris at NMB Bank

ICBS Trade Finance adopted in Jeddah by NCB

 

1985

1st Industrial Company for ERP (IMAD)

 

1982

1st export of ICBS to Jordan and Switzerland

 

1981

1st CIRIS general insurance implemented in Lebanon at Libano-Arabe and Limassol at Libano-Suisse

 

1978

1st ICBS core banking implemented in Lebanon at Banque Libano - Brésilienne

 

1977

1st Financial Applications

 

1972

Istisharat foundation in Beirut, established as a market consultancy and IT service bureaus provider

 

 

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