BankingFinTech

CIH Bank: Goes live on Finastra corporate banking solutions

  • According to Finastra the bank aims to digitise its end-to-end corporate banking services
  • It claims the new platforms will automate CIH Bank’s trade and supply chain services
  • Founded in 1920 CIH Bank initially focuses on finance real estate, before adding products for retail and corporate banking
  • The lender has a balance sheet of around $8 billion. It reported a net income of $46 million in 2019
  • By digitalising corporate services making sure that these customers are receiving the best service possible
  • CIH Bank worked with the Finastra Services team to remotely implement the software using the vendor’s Fusion Adopt programme
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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