Promselhozbank and CFT are strengthening their cooperation

Promselhozbank OJSC and CFT Company have signed an agreement for CFT-Bank (Platform 1) information complex. The credit institution’s accounting and finance center along with loans, deposits and card business will be automated with the new technological platform. Promselhozbank is currently planning to install fund subsystem of CFT complex.
This signing was a next stage of Promselhozbank and the Center of Financial Technologies’ partnership cooperation. The Bank has already been cooperating with CFT in the frame of processing business, since June 2012 Promselhozbank has been participating in the Golden Crown – Money Transfer Systems.
Promselhozbank is a successful Russian financial market participant since 1990; the bank is currently providing a wide range of banking products and services to individuals and legal entities. Key business trend of the credit institution is its corporate business. The Bank is headquartered in Moscow and has branches and offices in Engels, Saratov, Marks and Balakovo. CFT-Bank core banking system will create a centralized and flexible bank’s IT infrastructure providing uninterrupted performance of growing business and high customer service quality.
First priority products are being currently installed in the bank. In accordance with the signed project plan, the bank’s head office and its Engels branch are the first to be transferred to a new information complex.

Promselhozbank OJSC (CBR General License No. 538 as of May 22, 2013) – is a universal credit institution. Up to April 7, 2010 it was named Commercial Bank “Engels-Bank”. Promselhozbank is a member of the Russian Banks Association, National Association of Securities Market Participants, Securities Market of Moscow Exchange and a Deposit Insurance System. Official website