China Bank inks deal with SunGard

China Bank has selected SunGard’s Ambit Asset Liability Management solution.

It will manage its interest rate risk, perform liquidity analysis, and comply with regulatory requirements including IAS 39 and Basel II.

As a trusted partner, SunGard has provided leading solutions to China Bank for more than ten years and is committed to continuing to help the Bank achieve its business objectives.

China Bank offers a wide range of financial products and services through 269 branches nationwide, including branches of ChinaBank Savings, which it plans to expand to 400 by 2014.