綠色BN
2015-05-13

Banking News This Week – May 13

The top 5 banking news stories in emerging markets this week.
banking-news_cover
1 – Banking Africa’s unbanked – Time for a reality check
According to the World Bank, today, 62 per cent of the world’s population has a bank account. In 2011 that figure was 51 per cent. In three years, 700 million people became “banked” in some way, and the number of “unbanked” individuals dropped 20 per cent to two billion adults. Much of this progress was attributed to mobile money. >>

2 – Da Nang may become ‘Singapore of Vietnam’
With an increasingly attractive business environment and developed information technology, Da Nang is on the way to realize its goal of becoming “Singapore of Vietnam”. >>

3 – FNB thrives in South Africa’s online banking secne
Specialist online marketing research agency, Columinate, released its fourth annual Internet Banking SITEisfaction survey. >>

4 – Buddhist Monk in Thailand Relies on Karma for Lending Success
Microlender sets interest according to borrower’s good deeds, avoids defaults with neighborly peer pressure. >>

5 – DBS files application to set up unit in India
Singapore’s largest bank says it has applied to set up a subsidiary to boost its banking business in Asia’s third-largest economy. >>


  By April Wu 
  China Market Strategy

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