Orskindustriyabank starts business development in Moscow region on the basis of CFT-Bank platform

Orskindustriyabank ACB OJS (Orsk) and Center of Financial Technologies (CFT) have signed a cooperation agreement under which CFT will install CFT-Bank (Platform 1) information complex in the Bank.
 
In the client society, Orskindustriyabank has a stable image of a financial institution with high-quality corporate client servicing in the city of Orsk and other localities in Eastern Orenburg region. The bank’s key business directions are payroll projects, plastic card transactions, loans and deposits, cash management, money transfers without account opening etc.
 
Apart from consolidation of the position in the regional financial market, further extension of bank servicing instruments for corporate and retail clients, use of new technologies and software products, the new strategy of bank business development created at the beginning of 2012 provides for promotion of experience in client-oriented approach to the potential client audience of the Moscow branch.
 
In this connection, within the first installation stage of CFT-Bank information complex the Moscow branch of the Bank will be automated; and the second stage will include business process automation in the head office in Orsk as well as centralization of the IT infrastructure. “The new epoch is starting today for our Bank, and we hope that CFT-Bank system that we have chosen for IT modernization will provide resources for our maximally efficient work in the current business directions, future extension of the range of bank services and geography of presence, and preserve the high service quality and minimum investments,” says Yuriy Ivanov, Director of the IT Department of Orskindustriyabank.
 
Within the first installation stage of CFT-Bank information complex at Orskindustriyabank it is planned to bring loans and deposits, credit cards and debit card overdrafts, exchange and cash management transactions, and money transfers to a brand new automation level.
 
The Bank’s nearest plans include further installation of CFT financial products in order to extend the line of services rendered to clients and update the product line in accordance with the market conditions. Among this, it is planned to link to CardStandard processing center (CFT GC) in order to extend the card product line and launch distant banking system on the basis of Faktura.ru platform. 

Orskindustriyabank ACB OJS
established in November 1990 is the first commercial bank of the city of Orsk. It is among the Top-10 banks of Orenburg region in the total asset size. It is an independent regional Bank specialized in loans for small and medium business enterprises in Eastern Orenburg region. The bank’s additional offices function in Novotroitsk, Gay and Nizhny Novgorod. On April 28, 2012 the Mosckovskiy branch was registered. The Bank’s assets as of April 1, 2012 made 680.0 mio. Rubles; the equity capital made 251.2 mio. rubles; the client account balances made 432.3 mio. Rubles; the total loan portfolio made 500.9 mio. rubles. General license of the Central Bank of Russia No.696 of July 16, 2004. Member of deposit insurance system No.124 since October 28, 2004 Official website: http://www.orskbank.ru