April Wu

China Market Strategy

September 7, 2016

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

Banking News This Week – Sep 7

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

1 – CIMB gets licence to start banking business in Vietnam

CIMB Group Holdings Bhd has been granted an operating licence to start a banking business in Vietnam. >>

2 – Partnering with fintech start-ups a win-win solution: UOB

Fintech start-up applications could efficiently fill gaps in financial services that banks were unable to work on, such as unbankable small and medium enterprises (SMEs). >>

3 – Indonesia : Integration scheme to ease e-payments

Consumers want to conduct daily payments cheaply and without hassle, presenting regulators with the task of ensuring that each player in the banking and IT sectors works together for the benefit of consumers. >>

4 – Japanese banks eye Africa

KYODO – THE three mega-banks said they will expand their businesses in Africa, following Prime Minister Shinzo Abe’s pledge last weekend to bolster measures to boost investment in the resource-rich continent. >>

5 – Africa : How your social media reputation could secure you a loan

Africa’s youngsters are far more likely to access financial services via mobile than bank branch. >>

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