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...
Tag : banking
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...
Standard Bank: Virtual card payments surge 300% in nine months
The bank expects online retail spending which accounts for less than 2% of total retail spending to increase in the coming years...
South Africa’s new Debt Relief Law causes major concern to banks
The banking sector, the clothing retailers and the Democratic Alliance have opposed the law...
CBN deadline: Nigerian banks scramble for borrowers
Tier-1 banks with assets greater than or equal to N1 tn are luring borrowers in Tier-2 banks with attractive interest rates...