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BCIU was formed November 10, 1955, at the White House Industrial Cooperation Council Conference, as an initiative directed by U.S. President Dwight D. Eisenhower.It was established with the purpose of improving foreign understanding of business practices within the United States, [1] thereby lifting a national image that had suffered greatly through the course of the Cold War.
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Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
Currently BCI is the third largest private bank in terms of loans and the fourth bank in number of customers, behind the privates Banco Santander, Chile and Banco de Chile, and the state Banco Estado. In 2013 BCI purchased Miami, Florida based City National Bank of Florida for $882 million from Spanish lender Bankia. City National has 26 ...
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