Internet banking is a popular work in virtual progress.(Brief Article)

Sep 08, 2004 (The Australian Financial Review - ABIX via COMTEX)

Australian banks could improve internet banking services to the lucrative small business sector. There is an increasing number of small and medium-sized businesses using online banking. The sector has high rates of loans and deposits. However, banks are not offering products that suit small business. In April 2004, ING Direct launched a new internet banking product for the sector, which has been taken up by over 4,000 customers. St George Bank also offers a specialised online banking product for business.

Publication Date: 9 September 2004

 ING DIRECT: ST GEORGE BANK LIMITED - ASX SGB: MARKET INTELLIGENCE STRATEGY CENTRE       PTY LTD: DATAMONITOR: AUSTRALIAN BANKERS' ASSOCIATION 

By Robin Robertson

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