Central Banking

China's e-banks gaining popularity

CHINA - At least 2.5m Chinese "netizens" - about 23 per cent of the country's regular Internet users - are likely to use electronic banking services, said a recent AC Nielsen survey on e-banking, reports the New China News Agency.

The survey found 23 per cent of Internet users have tried some basic e-banking services, of whom 30 per cent have even tried more than two e-banks.

About 100,000 Internet surfers use online banking services every day, 337,000 people use them once a week and over one m