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3 Kyushu regional banks to link computer systems+.


TOKYO, Dec. 1 Kyodo

Three regional banks in Japan's southern main island of Kyushu Kyushu (ky`sh), island (1990 pop. 13,064,955), c.13,760 sq mi (35,640 sq km), S Japan.  agreed Friday Friday: see Sabbath; week.

Friday

young Indian rescued by Crusoe and kept as servant and companion. [Br. Lit.: Robinson Crusoe]

See : Servant
 to integrate their main computer systems and jointly establish a company to take over their clerical operations, the banks said.

The three banks -- Eighteenth Bank, the Bank of Saga, and Chikuho Bank -- said they expect the alliance to help them cut costs and strengthen management.

The integration of clerical work is expected to produce an 800 million yen reduction in total annual costs for the three banks through the elimination of 80 staff.

The tie-up tie-up
n.
A temporary immobilization, as of traffic, work, or mechanical operation.

Noun 1. tie-up - a social or business relationship; "a valuable financial affiliation"; "he was sorry he had to sever his ties with other
 on computer systems will save the banks 20 billion yen.

The three banks will outsource maintenance of their integrated computer systems to Fujitsu Ltd., and plan to link their automatic teller machines See ATM.  from next Wednesday, they said.
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Publication:Japan Weekly Monitor
Date:Dec 4, 2000
Words:128
Previous Article:Over 70% of matured postal savings redeposited in Nov.+.
Next Article:Osaka exchange launches OptiMark online trading system+.



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