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Core banking is a banking service provided by a group of networked bank branches where customers may access their bank account and perform basic transactions from any of the member branch offices. Core banking is often associated with retail banking and many banks treat the retail customers as their core banking customers.
Telephone banking saw growth during the 1980s and early 1990s and was heavily used by the first generation of direct banks. However, the development of online banking in the early 2000s started a long-term decline in the use of telephone banking in favor of internet banking. [2]
Hellenic Bank Public Company Ltd (Greek: Ελληνική Τράπεζα Δημόσια Εταιρία Λτδ; CSE: HB) is a bank in Cyprus.It has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.
The bank provides various commercial and public sector banking services, including the debt-equity market, corporate investment banking, retail and consumer banking, agricultural financing, treasury services. In the year 2020, the bank was designated domestic systemically important bank (D-SIB) by the State Bank of Pakistan. [3]
Addis Ababa Bank was an affiliate that National and Grindlays Bank had established in 1963 and of which it owned 40%. At the time of nationalization, Addis Ababa Bank had 26 branches. The merger of Addis Ababa Bank with CBE made CBE the sole commercial bank in Ethiopia, with 128 branches and 3,633 employees. [8]
The Internet was formed in early 2011 by Odd Future members Syd and Matt Martians, along with touring members Patrick Paige, Christopher Smith, and Tay Walker.The band's name originally started out as a joke, inspired by Left Brain's answer to a reporter asking where he was from, to which he responded, "I hate when people ask me that, I'm going to start saying I'm from the Internet". [3]
The Korea Investment Finance Corporation was established in 1971, and changed its name to Hana Bank as it started banking operations in 1991. In 1998, it acquired Chungcheong Bank, which it rebranded as Chungcheong Hana Bank (later Hana Bank Chungcheong Business Group). In 1999, it merged with Boram Bank .
X.com was an American online bank founded by Ed Ho, Harris Fricker, Elon Musk, and Christopher Payne in 1999 in Palo Alto, California.In 2000, it merged with competitor Confinity and in 2001, the merged company changed its name to PayPal.