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Internet banking on the increase

Aug 19, 1999
Brooke Donald

TALLINN - Internet banking was up 60 percent in the first half of this year, according to the leading Estonian business newspaper Aripaev. Hansapank and Uhispank are leading the way.Bank spokespersons credit the lower cost of computers and Internet connection fees and convenience for the increase in usage.At Hansapank more than 10 percent of active clients - 71,000 of 700,000 customers - complete transactions on-line. Raul Pa-rusk, director of Internet banking at Hansapank, is optimistic that th ...

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