IBOS Completes Main Phase of Central European Coverage
Three central European banks have joined IBOS Association, the international banking alliance, as associate members to offer services in their respective countries and to bring the IBOS service to their existing clients. The three new members of the alliance are: Ceskoslovenska Obchodni Banka in the Slovak Republic; Kredyt Bank S.A. in Poland; and Banka Koper D.D. in Slovenia. As well as being fully capable in servicing the local needs of IBOS clients, all three banks can already participate in cross-border IBOS services within IBOS. CSOB can already support the automated EUR cash sweep, and this is in development at the other two banks.