Online banking transactions booming.

Apr 10, 2002 (The Australian

ABIX via COMTEX) -- Internet banking usage in Australia is increasing rapidly according to statistics from Market Intelligence Strategy Centre. It was reported on 10 April 2002 that the number of registered online users of banking services increased by 569,000 in the December 2001 quarter to a total of 4.67 million. According to Market Intelligence Strategy Centre data, online banking users hold an estimated 10 million accounts and in the six months to the end of the December 2001 transaction volumes increased by 35 per cent.

Publication Date: 11 April 2002

MARKET INTELLIGENCE STRATEGY CENTRE

       PTY LTD: NATIONAL AUSTRALIA BANK LIMITED -       ASX NAB: 

SUNCORP-METWAY LIMITED - ASX SUN

By Tim Boreham

All copyright subsisting under the Copyright Act 1968 (Commonwealth) resides in us. No part of the copyright materials may be reproduced, re-used, re-transmitted, adapted, published, broadcast or distributed for any commercial purposes whatsoever without our prior written permission.

  INDUSTRY KEYWORD: Communication Services                   Finance  SUBJECT CODE:     INTERNET BANKING - AUSTRALIA                    BANKS AND BANKING - AUSTRALIA 

News Provided by COMTEX (http://www.comtexnews.com)