Palestine Islamic Bank Signs Agreement with JBS Palestine to Develop Its ATMs Network

As part of its strategy in digital transformation and providing latest banking services to its customers, Palestine Islamic Bank (PIB) signed an agreement with Jordan Business Systems (JBS) to develop the Bank’s ATM network. The agreement provides first-of-its-kind services across Palestine and the region, the purchase of new state-of-art ATMs, and modernizing and developing the current network.

The agreement was signed at the PIB’s Headquarters in Ramallah by PIB General Manager Imad al-Sadi, and Operations Manager of JBS in Palestine, Hamad Elayyan; and was attended by JBS’ Technical Support Engineer and ATM Service Officer in Palestine, Mahmoud Arda, PIB's General Manager Assistants, Asem al-Masri, Raed Abdel-Halim, and Zayed Shqair, and several department managers and representatives of local media.

Al-Sadi stated that "the Bank owns an extensive network of ATMs, exceeding 80 machines all over the country. The agreement will complement this network with a new package of distinguished electronic services that the producing company designed specifically for PIB."

"Signing this agreement falls in line with the Bank's digital transformation plan," al-Sadi added. "It aims to deliver banking services to customers wherever they are quickly, easily, and around the clock." He stated that the Bank is working to implement this plan on several levels, including the application of a new banking system, developing Islami Online and Islami Mobile services, and launching a Digital Contact Center that enables customers to enjoy a distinctive package of banking services at any time.

Al-Sadi indicated that the Bank would continue to develop its services and provide advanced banking solutions to its customers, enabling them to enjoy a unique digital banking experience that matches the world’s best practice in this regard, especially in the digital era and accelerated technological developments.

On his part, Elayyan said JBS is keen to work and cooperate with PIB, the largest Islamic banking network in Palestine, in its plan to develop its ATM network, and supplement it with new ATMs according to the latest international specifications.

Elayyan added, "JBS always seeks to expand its partner base. Until now, it provided services to more than 150 major companies, in the local and regional markets, through its offices in Jordan and Palestine. We are committed to providing technical services and solutions that meet our customers' expectations and aspirations."

The mission and vision of Palestine Islamic Bank focus on providing comprehensive, high quality and modern banking solutions according to the provisions of Islamic Sharia, as well investing from an advanced technological perspective. The Bank also sets a deliberate strategy to proceed with the digital transformation process, which resulted in launching pioneering digital services such as the 24-hour Digital Contact Center, Islami Online and Islami Mobile, which offer a distinctive package of banking services through an easy and secure environment that enhances the digital experience for its individual and corporate customers.