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Launch of EX-IM Bank's Website

FRIDAY, DECEMBER 14, 2001, marked a turning point for the National Export/ Import (EX-IM) Bank of Jamaica. It was the day that their new Website was launched. While 48 Duke Street remains home to the physical building, www.eximbankja.com is the bank's new address in cyberspace. The bank has contracted with The Gleaner Company's Go Jamaica to build, host and maintain the Website, the development of which comes at a time when the bank feels the need to keep pace with the technological advances in the rapidly changing world of business. According to Pamela McLean, Managing Director at EX-IM, "in order to expand EX-IM's reach to the public and expand its client base, a web site is considered an attractive and very necessary tool." The Website will prove very useful to potential and existing clients and will have information pertaining to "the bank's corporate profile, details of export credit insurance scheme, a summary of its audited financial statements, as well as news and editorial features from the bank."

According to the Director, the Website should also prove convenient to clients in terms of access to information. Before, clients would have to battle traffic and lines in order to get their queries answered or their needs fulfilled. This was even more tedious for clients whose businesses operate outside of the Kingston Metropolitan area where the single office is based. Now, with the introduction of a Website "it proves to be a real practical solution for our clients in terms of accessibility and convenience right at their fingertips. Certainly this possesses positive cost implications for them. Through our Website we will definitely have the advantage to expand our reach island wide," McLean quipped.

In phase 2 of the web site development, the bank is proposing to "make available electronically, application forms which will help to reduce the number of visits clients will have to make to the bank just to pick up an application form."

The Website will also become an efficient linkage tool to other EX-IM Banks around the world, as they will now be able to log on to the site and get information on the bank.

"The Website is expected to provide us with yet another tool in order to bridge the (information) gap as we hasten to migrate to technology driven operations and try to ensure availability of information to the public both locally, regionally and internationally," Mrs. McLean said.

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