NetSol, Chinese bank sign contract

LAHORE: NetSol Technologies Ltd and China Minsheng Bank Corp Ltd have signed a contract for NetSol Technologies Financial Suite of leasing and finance products. The implementation will include NetSol Financial Suite s (NFS) Credit Application Processing (CAP) and Contract Management System (CMS) for retail business operations. The NetSol implementation with MSFL incorporates product licenses as well as customization, implementation, and data migration services. According to a statement issued here, Executive Vice President of Minsheng Financial Leasing, Ms Wong said they made the choice after careful evaluation of globally leading IT services vendors providing software in the finance and leasing space. We selected NetSol based on their impressive product strength and presence in the Chinese market. As we embark on this long-term partnership, MSFL is advancing its objective of becoming the largest finance and leasing company in China, she said, adding that NetSol s Financial Suite of products stand as a critical supporting factor in reaching this goal.