19 January 2017
visit http://www.wolterskluwerfs.com

Online banking finds favour among UK small businesses

11 April 2002  |  3504 views  |  0 Online banking finds favour among UK small businesses

Small businesses are making increasing use of online banking, according to new figures compiled by the British Bankers Association (BBA).

Fifteen per cent of small businesses (nearly 440,000) are now using on-line banking facilities according to the BBA, which made its calculations using end-year 2001 figures from the ten largest UK banks.

BBA chief executive Ian Mullen says the findings point to a 20% surge in take-up of online banking among SMEs during the second half of 2001.

The BBA recently created a Web site which enables small businesses to compare account features online, helping them to choose appropriate products.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Surfing not an option for small business owners

Surfing not an option for small business owners

13 March 2002  |  2544 views  |  0 comments
MasterCard opens one-stop issuer shop for SMEs

MasterCard opens one-stop issuer shop for SMEs

12 March 2002  |  3127 views  |  0 comments
Bank One and Microsoft launch small business banking services

Bank One and Microsoft launch small business banking services

07 March 2002  |  3712 views  |  0 comments
Yodlee develops small business aggregation package

Yodlee develops small business aggregation package

01 March 2002  |  3765 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit wavestone.co.uk

Top topics

Most viewed Most shared
Banks face big profit loss to digitisation - McKinseyBanks face big profit loss to digitisation...
14407 views comments | 85 tweets | 101 linkedin
Blockchain impact timeline speeds up, massive cost savings forecastBlockchain impact timeline speeds up, mass...
13387 views comments | 39 tweets | 35 linkedin
Seven banks plan blockchain platform for SMEsSeven banks plan blockchain platform for S...
11557 views comments | 47 tweets | 40 linkedin
Accenture beats Brexit blues with largest-ever London startup programmeAccenture beats Brexit blues with largest-...
9866 views comments | 30 tweets | 20 linkedin
Swift goes deeper into the blockchainSwift goes deeper into the blockchain
9752 views comments | 30 tweets | 43 linkedin

Featured job

to Six-Figure Base, Bonus, Benefits
London, UK

Find your next job