LIBERIA: LBDI Takes Banking To Another Level, Introduces Flexcube 14 In Liberia

L/R: John B.S. Davies, III, CEO LBDI Clavenda O. Payman, LBDI Comptroller/CFO during the news conference

The Liberia Bank for Development and Investment (LBDI), Liberia’s indigenous Bank established over fifty years ago has announced that it is taking the traditional banking system to another level with the introduction of FLEXCUBE 14 in Liberia for the first time ever.

The disclosure was made over the weekend by the President and Chief Executive of the Bank, Mr. John B.S. Davies at a well-attended news conference held at the headquarters of the Bank.

Mr. Davies who is also President of the West Africa Bankers Association, bragged that his bank is introducing the FLEXCUBE 14, which is a global financial system will solve most of the burden being faced with by its many customers during banking transactions with the LBDI.

He said with the FEXCUBE14 in place, customers will not have to worry in doing business with the LBDI, according to him, the Bank will spend millions of dollars on this latest version, FLEXCUBE 14; a modernized system that will be used in order to increase the current Liberian market.

FLEXCUBE 14 is a universal banking system which is very significant in the global banking world that deploys a pre-configured offering for a comprehensive solution in the sector, and will further integrates state-of-the-art services to customers.

During the news conference, the LBDI boss assured the bank’s many customers that the bank will make banking a comfort zone, where the protection and security of customers’ money will be assured, stressing, “Banking should be attractive, modernized to meet up with current international standard,” Mr. Davies told reporters.

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About Cholo Brooks 10620 Articles
Joel Cholo Brooks is a Liberian journalist who previously worked for several international news outlets including the BBC African Service. He is the CEO of the Global News Network which publishes two local weeklies, The Star and The GNN-Liberia Newspapers. He is a member of the Press Union Of Liberia (PUL) since 1986, and several other international organizations of journalists, and is currently contributing to the South Africa Broadcasting Corporation as Liberia Correspondent.