April Wu

China Market Strategy

July 20, 2016

  • Share by Email
  • Tweet This
  • Share on Google+
  • Share on Facebook
  • Share on LinkedIn
  • Tweet This

Banking News This Week – Jul 20

The top 5 banking news stories in emerging markets this week.

1 – Standard Bank app launched in Uganda, Namibia, Ghana & Botswana

Standard Bank has broadened its horizons by introducing its Global Banking App to four additional African countries, namely Uganda, Namibia, Ghana and Botswana. >>

2 – Absa to pilot ChatBanking for Facebook Messenger

Absa has launched ChatBanking for Facebook Messenger to enable customers to conduct their banking without ever having to leave their favourite social media platform. >>

3 – Another Asian bank plans to operate in PHL

Another Asian bank is planning to expand in the Philippines, the central bank said, as the country’s lending sector continues to be attractive to big banks in the region looking for opportunities in light of a more integrated Asian financial system. >>

4 – Maybank launches m-banking app in Cambodia

With the launch of mobile banking app, customers in Cambodia will enjoy enhanced customer experience and greater speed when undertaking banking transactions over their mobile phones. >>

5 – Vietnam: one of the last frontiers for wealth management

The country is not quite ready for wealth management yet, but there is great potential. The signs point to an emerging market which, in a decade or so, might outstrip most others in terms of a pipeline for wealth management and insurance products. >>

Also worth reading:

Mobile Banking Boom In Emerging Markets
(Video)Doing Business In Emerging Markets – Banking Sector
4 Chinese Internet Companies Betting On Mobile Banking
Banks Tapping New Potential in Asia