29.11.2012 - Mauritania's second Islamic bank signs for Path Solutions' iMAL
Path Solutions , the global provider of Islamic banking software, today announces that Banque Populaire de Mauritanie (BPM) has selected Path Solutions ' next generation iMAL as its Islamic Core Banking Solution to compete both functionally and technically on the national and international level. The Banque Populaire de Mauritanie is 100 percent owned by Groupe Mauritanie Leasing, one of Mauritania's largest financial services groups. After it had met all necessary conditions and requirements, the Group has received approval from the Central Bank of Mauritania to open the second Islamic bank in the country. (Press Release)