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MarketScreener Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  Harbin Bank Co., Ltd.    6138   CNE100001SB3

HARBIN BANK CO., LTD.

(6138)
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Harbin Bank : New core banking marks next stage of Harbin Bank transformation

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04/06/2019 | 08:38am EDT

As part of its digital transformation exercise, Harbin Bank has updated its core banking system with the deployment of the TCS BaNCS a core banking software suite developed by Tata Consultancy Services (TCS) for retail banks.

Completed in August 2018, the TCS BaNCS solution is to be used for deposits, cards, channels, and payments, across Harbin Banks 593 branches in China, helping the bank consolidate information in real time across service channels and business lines.

In a press release issued by TCS, the solution is said to help the bank consolidate information in real time across service channels and business lines, enabling omni-channel experience for its customers. Leveraging the power of data, Harbin Bank is also able to offer personalized services and launch innovative products. With faster processing times, integrated credit limits, and daily revaluation capabilities, the new solution enables a more data driven decision-making and enhances the banks risk management capabilities. The API-based architecture will allow it to connect to larger and new ecosystems seamlessly.

(c) 2019 Ethiopian News Agency. ALL RIGHTS RESERVED. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (CNY)
Sales 2019 15 465 M
EBIT 2019 -
Net income 2019 5 905 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 2,74x
P/E ratio 2020 2,55x
Capi. / Sales2019 1,05x
Capi. / Sales2020 0,97x
Capitalization 16 273 M
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Mean consensus BUY
Number of Analysts 1
Average target price 1,80  CNY
Last Close Price 1,48  CNY
Spread / Highest target 21,5%
Spread / Average Target 21,5%
Spread / Lowest Target 21,5%
EPS Revisions
Managers
NameTitle
Zhi Wen Guo Chairman & General Manager
Yong Liang Chief Information Officer
Tian Jun Lyu Executive Director & Chief Risk Officer
Tao Xuan Zhang Non-Executive Director
Dan Yang Chen Non-Executive Director