Business Services Industry

Brazil: Real launches corporate Internet banking service.

South American Business Information, September, 2000

Real ABN Amro, the 4th top bank in Brazil is launching the Real Internet Empresas, an Interne banking operation that absorbed investments of R$7mil. Real has 150,000 corporate customers, of which 41,000 users of the Real Office Banking Web site, expected to migrate to Real Internet Empresas. Real Internet Banking, for individual customers, has 100,000 users among its 2.8mil account holders. Soon the 52 branches of the recently acquired Bandepe (Banco de Pernambuco) will be integrated to ABN Amro.

Copyright (c) 2000, SABI, all rights reserved.

Source: Gazeta Mercantil Page: b3 Date: August 31, 2000 Country: Brazil Product: Banking Institutions/Internet Services Company: ABN Amro Real Event: Product Introduction SABI (South American Business...

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