Date:17/08/2005 URL: http://www.thehindubusinessline.com/2005/08/17/stories/2005081702050400.htm

Back i-flex wins another Vietnam bank order

Our Bureau

Mumbai , Aug.16

FLEXCUBE, the core banking solution from i-flex solutions Ltd, has found a customer in Vietnam's Indovina Bank Ltd.

Indovina Bank, a joint venture between Industrial and Commercial Bank of Vietnam and Cathay United Bank, Taiwan, will implement Flexcube across all its branches in Vietnam, a news release from i-flex solutions said.

This win further strengthens i-flex's presence in the Vietnamese market where it already has Eastern Asia Commercial Bank, Vietnam as a customer for Flexcube.

FPT Software Solutions, Vietnam's technology company and i-flex's corporate business partner in Vietnam, which was part of the selection process, will be leading the system integration and localisation efforts in the implementation.