Chinese Bank Installs Oracle Core Banking Software

Ping An Bank in Shenzhen, China, has implemented the Flexcube core banking system from Oracle Financial Services Software.

The Redwood Shores, Calif.-based Oracle said Wednesday that the system will support the bank's growth in business and customer base and will improve customer service, operations and risk management. The system was implemented at the bank in 18 months.

Ping An Bank is a joint stock commercial bank with branches and outlets in more than 10 cities and is part of the Ping An Group.

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