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tdp2664 E money daily IBM (NYSE:IBM) has announced the provision of a range of IT services to Kenyan banks. IBM (NYSE:IBM) Continues Bank IT Spread IBM (NYSE:IBM) has signed five agreements with Kenya's largest banks in an attempt to offer new IT services to the banking division in the country. Tony Mwai, country general manager for IBM in East Africa, in a statement from the company, "Throughout Africa, we are seeing increasing signals that more banks are keen to take advantage of the growing number of customers who own a mobile phone or can access the Internet to deliver financial services using the medium. The growth in the number of customer accounts has driven more banks to modernize their core banking software to handle the volumes and integrate their transaction banking with mobile channels. We have helped banks transform their systems to accommodate these new services in a cross-section of some of Africa's biggest markets." IBM (NYSE:IBM) shares were at 178 at the end of the last day’s trading. There’s been a -3.4% change in the stock price over the past 3 months. IBM (NYSE:IBM) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.95 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.85 Zack’s Rank: 4 out of 18 in the industry
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