CEF's internet transactions jump 36.5% in 2010

Wednesday, January 5, 2011

Federally controlled savings bank Caixa Economica Federal's (CEF) internet transactions jumped 36.5% to close to 500mn transactions in 2010, CEF said in a statement.

In December alone, e-banking transactions reached 50mn.

For the full year, the number of e-banking accounts at CEF's website increased by 30% to 5.7mn, while transaction volume saw an increase of more than 45%, the statement reads.

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E-banking transactions are the third most used distribution channel for CEF's clients.