綠色BN
2015-10-28

Banking News This Week – Oct 28

The top 5 banking news stories in emerging markets this week.
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1 – Vietnam on track to replace China as new manufacturing hub: experts
With increasing foreign direct investment (FDI) flows into its manufacturing sector, Vietnam stands a great chance of leaping ahead and replace China as the new production center. >>

2 – Malaysia’s AmBank Group increases digital banking spend
Malaysia’s AmBank Group is remodelling its retail banking services with a digital boost, in a move that could give confidence to banks across the Association of Southeast Asian Nations (Asean) region. >>

3 – Six trends shaking up transaction banking
It was an opportune time. Despite immediate conditions, Asia will be the centre for business growth, trade and investment flows for banks and corporates for decades to come. >>

4 – New report explores the mobile banking services in Africa: the emergence of mobile savings, credit and insurance
The mobile money market has been evolving quickly and the African region is witnessing the emergence of mobile banking services including savings, credit and insurance. >>

5 – Local firms look to grow beyond Africa
GLOBAL banking group JP Morgan expects South African companies to continue acquisitions in the developed world in the next 12 to 18 months. >>


  By April Wu 
  China Market Strategy

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