BofA to dispose of Japanese private banking JV stake to Mitsubishi UFJ BBR Staff Writer

Bank of America Merrill Lynch (BofA) has agreed to dispose of its stake in Japanese private banking joint venture (JV) to Mitsubishi UFJ Financial Group, as part of its strategy to focus on global banking business.

Irish financial system

Short-term risks to the Irish financial system remain high. The international financial environment has experienced tighter credit, rising forbearance, capital flight from some vulnerable euro area countries and, especially for these countries

Canadian Household Finances and the Housing Market

The most important domestic risk to financial stability in Canada continues to stem from the elevated level of household indebtedness and stretched valuations in some segments of the housing market. These fragilities could themselves trigger financial stress or significantly amplify the adverse effects of other shocks on the financial system.

SEC penalizes hedge fund manager for insider trading in Chinese bank stocks BBR Staff Writer

The US Securities and Exchange Commission (SEC) has sued Sung Kook ‘Bill’ Hwang, the founder and portfolio manager of Tiger Asia Management and Tiger Asia Partners, over insider trading by short selling three Chinese bank stocks.

Sterne Agee adds new head for depository investment banking

US based privately-owned investment banking and brokerage firm Sterne, Agee and Leach has appointed Daryle DiLascia as the new senior managing director in charge of depository investment banking affairs for financial institutions and investment banks.

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Показаны сообщения с ярлыком Diamond Bank. Показать все сообщения
Показаны сообщения с ярлыком Diamond Bank. Показать все сообщения

воскресенье, 16 декабря 2012 г.

Diamond Bank introduces new mobile banking truck service

Nigeria based commercial lender Diamond Bank has introduced a new mobile banking truck service, known as Diamond–in–Motion, with an aim to offer banking services right at the customers’ door step.
Targeting existing as well as potential customers, the new service has initially been rolled out at its corporate headquarters in Lagos and will gradually be launched in other parts of the country.
The new service allows customers to open new accounts, pay bills, save money, use ATM as well as make cash/cheque deposits and withdrawals.
Diamond Bank proposition and liabilities head Olumide Akindele said that the new initiative is part of the bank's strategy to take banking to the customers, enabling them to carry out transactions with ease.
In order to launch the service across the country, the lender is also planning to purchase approximately 250 mobile banking trucks.
Designed to go anywhere and in accordance with the Central Bank of Nigeria's (CBN) cashless policy, the mobile van is fully secured for both those working in it as well as the money in transit.
Incorporated in 1990, Diamond Bank provides financial products and services in retail, corporate and investment banking.