Touch an ATM for the money

Article Abstract:

The use of Automated Teller Machines (ATMs) has made global banking possible. Citibank N.A. and Hong Kong Bank have enabled their clients to withdraw cash in different parts of the world through ATMs. Hong Kong Bank has 120,000 ATMs in 50 countries while Citibank has 150,000 ATMs. However, Citibank provides its most sophisticated computer systems only to such countries as the US, Singapore and Germany. Citibank's ATMs, which each has a minimum of 8 megabytes of memory and a hard disk drive of 200 megabytes, are made by Toshiba Corp.

Commercial Banks, National commercial banks, Banking industry, Usage, Technology application, Automated teller machines, Citibank N.A. (New York, New York), International banking, Bank automation, Hong Kong Bank

---

Money in the bank

Article Abstract:

The Vietnam Fund's secondary offering on July 21 reveals worldwide enthusiasm for investing in that country. Despite losing 1.2% of its value in the prior 20 months, charging a 14% premium over its net-asset value, and having 96% of its assets in cash, the fund attracted $44.6 million in the new offering, quintupling in size. While it has only invested in one project, the fund plans to invest in five more and is investigating another 40, so it needed cash quickly.

Foreign investments, Economic aspects, International aspects, Vietnam, Mutual funds

---

Is the Acer turn-around for real?

Article Abstract:

Share prices of Acer Taiwan have greatly increased since Dec 1992 despite the presence of a market slump in Taiwan. Stock observers believe that shares belonging to the computer company will improve due to profits coming from the development of huge tracts of land amounting to NT$ 500 million. Other factors that may spark a rally include improving foreign operations and joint ventures in the US, and an increase in computer sales in the Taiwanese market.

Computer industry, Finance, Acer Inc.

Similar abstracts:

• Abstracts: Organising for risk management. Keeping the tenant sweet. A factual guide to the SFA
• Abstracts: The road to a new treaty. Reform of the Common Agricultural Policy and the 1995 budget. The UK and the European Community; the implications of Maastricht
• Abstracts: New push for the conventions business. Computer powerhouse
• Abstracts: Pulling the plug on reservoirs. Lines on London. Norwich goes underground
• Abstracts: Frustrated talent. Artistic aspirations in the post-war public realm. Modernist lessons that lie in landscape

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.