Page 3 - Agent Banking News Today

Bangladesh Bank introduced agent banking in 2013 to promote financial inclusion through alternate banking channels.

Point of Sale, PoS, operators have raised concern over new CBN’s guidelines for agent banking in Nigeria, which includes barring agents from using Point of Sale (PoS) terminals meant for merchants to carry out cash-in and cash-out transactions

BRAC Bank leaders engage with Agent Banking partners in Coxs Bazar

Union Bank continued to be resilient throughout 2022 leveraging on its strong capital position and remained agile, posting an increased overall income leading to an improved core-banking performance during the year. The Bank’s gross income for the year increased significantly by 73% to LKR 18,966 MN as a result of the Bank cautiously managing its […]

Lusaka - Zambia: Standard Chartered Bank Zambia has announced a 15 percent growth both in income and profit before tax for the year 2022.

The Managing Director/Chief Executive Officer of First Bank Nigeria Limited, Dr. Adesola Adeduntan, in this interview with THISDAY reviewed the performance of the global economy in 2022 and advised businesses and their bankers to approach 2023 with a partnership mindset to ensure that a win-win outcome is achieved despite the anticipated macroeconomic challenges. Excerpts:

Financial inclusion in Bangladesh: In a landmark 2021-2026 National Financial Inclusion Strategy, the Bangladesh government has clearly stated its goal to achieve social cohesion and stability through ensuring access and usage of quality financial services for all.

The bank to offer end-to-end core banking and digital banking experience to its Retail and SME customers

Intellect Global Consumer Banking (iGCB), the consumer banking arm of Intellect Design Arena Limited, announced that a new Ethiopian bank has chosen its product Intellect Digital Core (IDC) to power its banking. IDC has been recognized as the number 1 platform in Retail banking as per IBS Intelligence in 2022. iGCB which serves more than 21 banks in Africa has partnered to

Intellect Global Consumer Banking, the consumer banking arm of Intellect Design Arena Limited, announced that a new Ethiopian bank has chosen its product Intellect Digital Core to power its banking.