Bank of Communications to launch services for iPad

The bank targets its 1.5mln mobile banking users with monthly transaction value of $975.1mln.

Bank of Communications, the fifth-largest lender by market value in mainland China, will become the first commercial bank to launch mobile banking services for iPad this month, only one month after iPad's launch in China, sources reported.

The bank's clients can directly download this application to iPad from Apple's APP Store, more than 80 functions of banking services and non-financial services are able to be used on iPad with big shiny screen and outstanding page control.

The bank currently has 1.5 million mobile banking users with monthly transaction value of RMB 6.5 billion ($975.1 million), said Li Qing, deputy general manager of the bank's electronic banking.

View the full story in China Knowledge.