Minsheng Bank selects Longtop for AML system

Source: Longtop Financial Technologies

Longtop Financial Technologies Limited (''Longtop'') (NYSE: LFT), a leading software developer and solutions provider targeting the financial services industry in China, today announced the signing of an agreement with China Minsheng Banking Corp. Ltd. (Minsheng Bank) to develop software and solutions for the bank's anti money-laundering system.

This agreement strengthens the relationship between Longtop and Minsheng Bank, and is an important step for Longtop's enhancement of its business partnership with national commercial banks.

This new agreement with Minsheng Bank is a further recognition of Longtop's software development ability by national commercial banks, and proved that Longtop's experiences in software development for state-owned banks can also be applied to national commercial banks. In the future, Longtop will continue to deliver its well-proved products and solutions to other types of banks, and to strengthen the partnership with these banks to achieve a ''win-win" situation.

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