Bank of China on Internet

Jul 14, 1997 02:00 AM

June 26, 1997 The Bank of China (BOC), the nation's leading foreign exchange bank, has become the first state-owned commercial bank to publicise itself on the Internet.
Internet subscribers around the world will now be able to surf the World Wide Web and check out the BOC's web page which features a detailed introduction to the bank, including information on its range of services, branches at home and abroad, foreign exchange rates, and other financial news.
Regarding this only as a first step for the bank to publicise itself on Internet, an official said that BOC also planned to improve its electronic banking provisions by introducing services such as bills of exchange and electronic settlement for Internet users.
About 400 financial institutions world-wide release information on the Internet, but only a few Chinese banks do so.

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