Internet banking penetration reaches 25 per cent at NAB

Market Intelligence Strategy Centre said banks held four accounts for each online customer compared with 2.4 for people using offline channels. MISC estimated growth of 25 per cent in the number of online accounts, with 225 million internet banking transactions by customers of Australian banks in the June 2005 quarter. National Australia Bank said 25 per cent of its transaction account customers were registered with internet banking.

Advertisement