Now South Africa’s Standard Bank starts selling smart phones
The new scheme allows customers to buy smartphones through an extended payment facility...
Tag : banking
Slowing economy: China considers reforms for smaller banks
China's central bank will encourage merger talks for banks that are under financial risks...
China to launch cryptocurrency in November through 7 major FIs
The launching of cryptocurrency will cut the costs of circulating traditional paper money...
Standard Bank targets micro-merchants, invests in fintech
Standard Bank buys stake in local fintech firm Nomanini, which connects informal merchants with distributors via an e-wallet...
South Africa requests new banking licence for Postbank
South African Post Office is losing out large number of logistics business due to this factor...
BNP Paribas shuts down Philippines offshore banking unit
BNP Paribas’s Philippines branch become a licenced offshore banking branch in 1997...
SocGen considering sale, merger for Lyxor
SocGen’s subsidiary Lyxor manages businesses worth $167 billion...
Access Bank deepens financial inclusion with agency banking
The decision will enable branches to focus on complex customer obligations...
UOB widens presence in Vietnam with new Hanoi branch
The bank earlier had just one branch in Vietnam, situated in Ho Chi Minh City...
Malaysian banks’ Q2 profit shows very little growth
Bank Negara lowered the overnight policy rate which affected the banks’ earnings...