Agency banking news
Here are some recent news and updates on agency banking:
1. India: SBI Launches Agency Banking Services: State Bank of India (SBI) has launched agency banking services in partnership with 1.5 lakh agents across the country. This move aims to increase financial inclusion and provide banking services to rural and semi-urban areas. (Source: Business Standard)
2. Kenya: M-Pesa Partners with FSD Kenya to Expand Agency Banking: M-Pesa, a mobile payment service, has partnered with FSD Kenya to expand its agency banking services. The partnership aims to increase financial inclusion and provide access to financial services for underserved communities. (Source: Business Daily Africa)
3. Nigeria: CBN Approves Agency Banking for 12 Banks: The Central Bank of Nigeria (CBN) has approved agency banking for 12 banks, including First Bank, Zenith Bank, and GTBank. This move aims to increase financial inclusion and provide banking services to rural and underserved areas. (Source: The Guardian Nigeria)
4. Bangladesh: BRAC Bank Launches Agency Banking Services: BRAC Bank has launched agency banking services in partnership with 10,000 agents across the country. This move aims to increase financial inclusion and provide banking services to rural and semi-urban areas. (Source: The Daily Star)
5. South Africa: FNB Launches Agency Banking Services: First National Bank (FNB) has launched agency banking services in partnership with 1,000 agents across the country. This move aims to increase financial inclusion and provide banking services to rural and underserved areas. (Source: Fin24)
6. India: RBI Allows Banks to Offer Agency Banking Services: The Reserve Bank of India (RBI) has allowed banks to offer agency banking services, enabling them to expand their reach and provide banking services to rural and underserved areas. (Source: The Hindu BusinessLine)
7. Kenya: Equity Bank Launches Agency Banking Services: Equity Bank has launched agency banking services in partnership with 10,000 agents across the country. This move aims to increase financial inclusion and provide banking services to rural and semi-urban areas. (Source: The East African)
8. Nigeria: CBN Launches Agency Banking Framework: The Central Bank of Nigeria (CBN) has launched an agency banking framework, aimed at increasing financial inclusion and providing banking services to rural and underserved areas. (Source: The Punch)
9. Bangladesh: Dutch-Bangla Bank Launches Agency Banking Services: Dutch-Bangla Bank has launched agency banking services in partnership with 5,000 agents across the country. This move aims to increase financial inclusion and provide banking services to rural and semi-urban areas. (Source: The Financial Express)
10. South Africa: ABSA Launches Agency Banking Services: ABSA Bank has launched agency banking services in partnership with 1,500 agents across the country. This move aims to increase financial inclusion and provide banking services to rural and underserved areas. (Source: Fin24)
These are just a few recent updates on agency banking from around the world. Agency banking is a growing trend in the financial industry, aimed at increasing financial inclusion and providing banking services to underserved communities.