Through a memorandum of agreement with New Age Systems of Malaysia (NSys), Chinatrust is expected to push a notch higher its positioning as an innovator in the commercial banking industry.
"On-line banking is a service that is considered a must, a given particularly with commercial banks. This is one step we’d like to make in line with our strategic plan to beef our software acquisitions to provide electronic trade tools for existing and prospective clients," said Chinatrust first vice president Gerardo Munda.
"The decision to go online is not only a move to make the bank at part with others but more importantly, it is cogent with our thrust to reach out to more clients and provide them with services that give them the best value for their money."
NSys chief executive officer Nicholas See Yew Seong is positive that partnership will see the development of Chinatrust as a pro-active e-commerce provider.
"I think, Chinatrust is quite forward looking with the acquisition of a technology that would provide for the construction of an infrastructure capable of servicing trade and eventually settlements," said See.
He added Chinatrust’s move to embrace the technology will improve its relationship with strategic partners as well as with customers.