International Bank of Somalia Adopts e-Banking module from BML Istisharat
The International Bank of Somalia (IBS) has recently signed with BML Istisharat, a top core banking and insurance solutions provider based in Lebanon, for its e-Banking software services. The bank, open as of October 2014, is the first international banking institution in Somalia in over 20 years, and the first to partner with Swift to bring global services to the country.