s broken down into two broad areas: consumer-oriented electronic banking and corporate-oriented electronic banking. By 1997, more than 4,000 banks around the world had some sort of presence on the Internet and/or the World Wide Web. Of that number, however, only 62 banks in the world offered online corporate banking services, according to the Online Banking Report (10). Here are random selections from the banks that offer online corporate banking for the small to midsize banking clients. Keep in mind that virtually all money center banks and many smaller ones now maintain Websites where business and consumer clients can see what services are offered. The user-friendliness of a site is an indicator of how convenient the bank's online services are.
The Internet, the publicly accessible electronic communications system, is usually the first step for any bank to move some or all of its operations online. It is estimated that more than 30 percent of all banks now have sites on the Internet's World Wide Web (1
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