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İşbank Signs China Systems' Enterprise Solutions

September, 2008. China Systems, world leader in the trade services solutions industry, announced that İşbank, the largest bank in Turkey, have signed a purchasing agreement for their J2EE trade finance solution Eximbills Enterprise and customer front end Portal solution Customer Enterprise.

Eximbills Enterprise ™ is an established global standard installed by many international banks to meet their trade services processing requirements. It combines a Rapid Application Development toolkit with a flexible base business model, providing support for Traditional Trade, Open Account, Supply Chain Finance, and Payments operations.

"İşbank's Yeliz Adibelli, Assistant Manager, declared in his statement, "İşbank decided to use Eximbills Enterprise because we were convinced that EE will be the best tool for the execution of robust trade processes that we have been re-engineering within the framework of our ongoing Customer Centric Transformation Project. EE also supports our Business Model and suits our Enterprise Architecture which also provides large scales of flexibility by the China Systems Toolkit.

China Systems is very excited to add İşbank to our European customer list, Turkey is a new market for China Systems and İşbank's dominant market position makes this an exciting and challenging partnership", said Angus Sutherland, Regional Sales Director for China Systems in Europe. "This will be an excellent example of our fully integrated back and front office portal solutions covering not only Trade but Open Account and Payments operations as well."

About İşbank

İşbank is Turkey's first national bank and premiere national financial institution with an Operating Profit as of June 30th, 2008 of TRY 2.118 (USD 1.729) billion and TRY 88.26 (USD 72) billion in Total Assets. İşbank ranks the 86th in The Banker's Top 1000 World Banks, in terms of Tier I capital as defined by Basel's Bank for International Settlements, ranking the first among the banks in Turkey.

İşbank operates 974 domestic and 11 overseas branches and has a Representative Office in Shanghai, The Republic of China. The company's wholly owned subsidiary İşbank GmbH, based in Frankfurt, operates with 12 branches throughout Germany, one branch in Paris, one in Zurich and one in Amsterdam. Thanks to its wide domestic and foreign branches and subsidiary network, vast number of correspondent banks with a wide spread world coverage and high qualified and experienced staff, İşbank is a major player in international trade finance and handles a sizeable portion of the trade finance activities in Turkey.

About China Systems

Established in 1983, China Systems is today's largest trade services solutions vendor in the world, with offices throughout Europe, North America, Asia, and the Middle East. Eximbills, our world-renowned back office trade finance system and China Systems' flagship product, is used by more than 250 customers in more than 75 countries worldwide.