Bank's On-line Trading Exceeds One Trillion Yuan

Home>>Business

Last updated at: (Beijing Time) Friday, June 21, 2002

Bank's On-line Trading Exceeds One Trillion Yuan

DISCUSSION

CHINESE

SEND TO FRIEND

The Industrial and Commercial Bankof China (ICBC) announced Friday that its Internet trading volume topped one trillion yuan by June 18, more than five times the trading volume for the same period last year.

A spokesman for the ICBC said that over recent years the bank had made great efforts in financial electronics construction, and upgraded its Internet banking system four times, adopting state-of-the-art technologies to provide safe, fast and convenient services.

The bank's on-line services included corporate and individual Internet banking, group financing, bank-securities transfers, foreign exchange trading, individual remittance and on-line hypothecated loans.

He said that in the first half of this year, the ICBC had developed more than 11,000 corporate clients for its on-line banking and many large enterprise groups handled their financing through the ICBC's on-line banking. Individual on-line clients increased 580,000 to 1.9 million.

Questions?Comments? Click here

Bill Clinton Has Unexpectedly Become a 'Sweet Cake' ( 15 Messages)

Englishman Hired as Chief Advisor of Yunnan Provincial Government ( 16 Messages)

Two S.Korean Girls Run Over by US Armored Vehicle ( 55 Messages)

Uncle Sam's Policy to Cross-Straits Ties against Its Own Interests ( 5 Messages)

Home-made Auto Sales Head for 3 Million in 2002 ( 8 Messages)