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Individual e-banking transaction grows 4.51 pct in 1st Q
[July 06, 2009]

Individual e-banking transaction grows 4.51 pct in 1st Q


SHANGHAI, Jul 06, 2009 (Xinhua via COMTEX) -- The number of e-banking clients of bot h Chinese and foreign banks in Shanghai totaled 26.6893 million in the first quarter of this year, 1.1606 million more than at the end of 20 08 or up 4.55%, according to statistics published by Shanghai Municipa l Banking Regulatory Bureau.

Of this, the number of individual e-banking clients was 26.1679 mil lion, up 4.51 percent from the end of 2008.

Chinese commercial banks have grabbed the majority shares of indivi dual e-banking business market. Individual e-banking transaction of al l commercial banks in Shanghai totaled 30.0964 million contracts in th e first quarter, with 30.0929 million or 99.99 percent were conducted by Chinese commercial banks; and was valued at 569.721 billion yuan, w ith 568.996 billion yuan or 99.87 percent finished by Chinese commerci al banks.

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