綠色BN
2015-01-14

Banking News This Week – Jan 14

The top 5 banking news stories in emerging markets this week.
banking-news_cover
1 – How Omni-Channel Banking Fuels the Rise of China’s Middle Class
Banking is on the move. While the in-branch visit remains a pillar of the banking experience, more and more customers now choose to interact with their financial institutions via online and mobile banking, ATMs or phone chats with call center agents. >>

2 – Vietnam Joint Stock Commercial Bank : considers major mergers in 2015 to clean up its banks
Some of Vietnam’s lenders may merge with each other this year as part of efforts to help to clean up the country’s fragmented banking sector, which is weighed down with bad loans after a decade of rapid expansion. >>

3 – Big foreign banks seen entering PH this year
Foreign banks are preparing their entry into the Philippines following the lifting of ownership restrictions last year, which now opens up the financial system to more global players. >>

4 – Ten reasons why Africa is the place to watch in 2015
Peer-to-peer banking and mobile banking will thrive, but the pace of investment into Africa will slow, as oil and gas exploration money drops off. >>

5 – Breakthrough for online and telephone banking in China
Chinese banks will soon launch online and telephone banking services, allowing for bank accounts to be opened remotely via a computer or a smartphone, according to Shanghai’s China Business News. >>


  By April Wu 
  China Market Strategy

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