To strengthen community relations in the aftermath of its purchase of Barnett Banks Inc., NationsBank Corp. is investing $1.4 million in seven Florida-based black business investment corporations.

The corporations, which aim to increase African-American business development in Florida, are each receiving $200,000 from Charlotte, N.C.- based NationsBank.

"Working in partnership with these organizations enables NationsBank to be at the forefront of the banking industry on community development issues," said Tony Brown, NationsBank's Florida regional manager of community investment.

The contribution, announced Monday, is in addition to $2.6 million already contributed by NationsBank and makes the $315 billion-asset company the largest private investor in these investment corporations.

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