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Fifth
Third Bancorp To Offer Online Letter of Credit
The Business News
of Dayton
10/11/00
- Cincinnati-based Fifth Third Bancorp today announced it has entered
a deal with the New York-based Ec-Finance Company to offer letters
of credit online.
The
bank said it has signed a partnership with ec-Finance to provide business-to-business
financing on the Internet beginning Oct. 20.
John
Perez, Keybank vice president for international banking, said the
arrangement with ec-Finance will enable his institution to enter the
online, import/export trade.
Fifth
Third, is the market-share leader in deposits in the Dayton area,
and is scheduled to report its third quarter financial results Oct.
16. The $45 billion asset bank based in Cincinnati has 68 branches
in the Miami.
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