France/Lebanon-based core banking software vendor, Capital Banking Solutions, has gained a foothold in the Republic of the Congo, with twonew core banking deals for its flagship, CapitalBanker.
One of these is with Banque Postale du Congo (BPC), a greenfield bank set up by the country's government (which holds the majority stake of80 per cent) and the Congolese Posts and Savings Company...
IBS Journal - Middle East Supplement:
Lebanon itself has provided steady business for local and non-local suppliers over the years. Some of the demand has been from non-banks. Capital Banking Solutions, which is majority owned by Lebanese outfit Bank Audi, has about eight users in the country, including Bank Audi; in 2011 it won Cedrus Invest Bank there.