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February 4, 1988

BENEFICIAL TO ENHANCE ITS LOAN OFFICE PROCESSING NETWORK WITH DATA GENERAL PRODUCTS

By CBR Staff Writer

News that should hasten Data General Corp’s convalescence no end is that Beneficial Corp plans to spend $35m over the next two years installing additional equipment to enhance its loan office processing network: it has bought 220 low-end MV/2000DC systems for the first of the 1,150 branch offices worldwide and additional purchases are expected to bring the Beneficial’s total investment in Data General kit to some $60m by the end of 1989; Beneficial looks for the new Bencom III system to save it $15m annually.

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