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Project

"The national bank of the Republic of Abkhazia" implemented TsABS "Bank the 21st Century"

Customers: National bank of Abkhazia

Sukhumi; Financial services, investments and audit

Contractors: Inversion
Product: TsABS Bank the 21st century

Project date: 2011/03  - 2011/11

The Inversiya company announced that "Inversion Caucasus" completed implementation of the centralized automated banking system (CABS) "BANK the 21st VEK" in "National bank of the Republic of Abkhazia" (NB RA).

Based on TsABS "BANK the 21st VEK" in "National bank of the Republic of Abkhazia" processing of electronic interbank payments in (settlement center), credit and banking organizations was organized. The back office of plastic cards of the APSA (" Abkhazian Payment and Settlement association ") system is accepted in operation. The salary project for the staff of NB RA is implemented. The automated system of collecting and processing of the reporting of commercial banks is also prepared for commissioning (a subsystem "The analysis of banks"). Intraeconomic transactions are automated.

Using TsABS "BANK the 21st VEK" the management of bank intends to increase effective management of resources and to improve control of activity of credit and banking organizations, says Inversion.