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July 12, 1990

GERMAN BANKS AWARD RACAL-MILGO UKP500,000 CONTRACT

By CBR Staff Writer

The three German banks crucial to that country’s monetary unification on July 1 – Deutsche Bank, Dresdner Bank and the Berlin Sparkasse – have awarded Racal-Milgo GmbH a UKP500,000 contract to supply them its Alpha 96, Omnimode and V12422PA modems: Dresdner Bank will use the modems to link East German cities to the bank’s computer centre in Frankfurt, with a further 300 modems for the Deutsche Bank and Berliner Sparkasse’s expansion East.

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