IB Harvests the Fruits of Technology Management Export

Core Business System for Shandong Dongying Commercial Bank Successfully Put into Operation

June 13, the operation ceremony for “Core Business System for Shandong Dongying Commercial Bank” is held by Industrial Bank (IB) and Shandong Dongying Commercial Bank in Dongying. The successful operation of the system marks a stage achievement of first technology management export to financial institutions across the country.

In this cooperation, IB tailors a core business system for Dongying Commercial Bank based on the archetype of IB's own core business system, and takes after the long-distance disaster recovery and daily maintenance of the system. For traditional banking service which mainly focuses on financing and faces individual and corporation clients, the act undoubtedly is a great breakthrough. After IB's powerful agent service for small and medium-sized financial institutions through "Bank-Bank Platform", the act again innovates upon the service targeting small and medium-sized financial institutions. Taking this cooperation as a jumping-off point, IB will continue to explore new cooperative pattern; to offer technology export that featured low-cost, sustainable, and development-oriented; and to facilitate the melioration of technology management for domestic small and medium-sized financial institutions.

Holding the cooperative ideal emphasizing “Sharing Resource, Innovating Service, and Creating Value”, IB has been endeavoring to the all-round and win-win cooperation relationship with small and medium-sized financial institutions. Recent years, cooperating with small and medium-sized financial institutions has been one of the hot spots in IB's business development. IB has opened a brand-new cooperation mode with financial institutions through initiating the “Bank-Bank Platform” in domestic banking area and clasped hands with city commercial banks and rural credit unions in a nationwide range. An image of “A Professional Service Supplier for Small and Medium-sized Financial Institutions” has been basically fostered.