28 January 2009

Five banks introduce the Avaloq Banking System

Five banks simultaneously introduce the Avaloq Banking System

Avaloq on course for international success: on 5 January 2009, five banks successfully implemented the Avaloq Banking System. Alongside Raiffeisen Switzerland and Vontobel Bank, these also included the two Liechtenstein banks, VP Bank Group and LGT Group. The fifth is LBBW Luxemburg – and consequently, for the first time ever, a bank from the Grand Duchy. With this, the Swiss company, which specialises in banking software, has achieved an important milestone in its internationalisation strategy.

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