April Wu

China Market Strategy

November 19, 2014

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Banking News This Week – Nov 19

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

1 – Business leaders confident about growth in APEC economies

By surveying 635 CEOs and industry leaders across 39 nations with operations in APEC economies, the report shows that 46 percent of executives are ‘very confident’ in revenue growth over the next 12 months, up from 36 percent in 2012. >>

2 -Smaller markets sprout bank innovation

Banks in fast-growing and rapidly developing markets display higher levels of ambition for becoming innovation leaders in delivering superior customer value, primarily by investing more in research and development, compared to peers in mature markets. >>

3 – Internet banking a game changer in China

The Internet is transforming the way people do banking in China, according to a senior official from the People’s Bank of China, the central bank. >>

4 -Mobility can drive Africa’s banking, media sectors

Mobility can be a driver of two key sectors in Africa namely banking and TV & Media, says Fredrik Jejdling, president of Ericsson sub-Saharan Africa. >>

5 – Outernet joins rush to deliver free internet in Africa

Project by Outernet is preparing to provide information access to selected countries in Africa beginning next year. South Sudan and Namibia have been earmarked for this project that will provide a free data service to those who lack internet access. >>

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