Metavante Contract Grows

China Banking Corp. is planning to convert the systems of a bank it bought last year to the core processing software it has been using since 1995 from Metavante Technologies Inc. of Milwaukee.

Metavante announced the expanded agreement with China Bank, the fourth-largest banking company in the Philippines, last week. The $4 billion-asset China Banking acquired Manila Bank in June of last year and is planning to install Metavante's Bankway International software across its entire operations, including 200 branches and 286 automated teller machines in the Philippines.

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