Infosys Technologies Ltd. has launched Finacle Treasury-in-a-Box, a rapid implementation framework for an integrated front, middle and back office treasury system.
p>Infosys Technologies Ltd. has launched Finacle Treasury-in-a-Box, a rapid implementation framework for an integrated front, middle and back office treasury system.Banking & Finance
Mauritian bank launches SA expansion drive
Mauritius-registered AfrAsia Bank has announced the start of an African regional expansion drive, with initial focus on South Africa.
p>Mauritius-registered AfrAsia Bank has announced the start of an African regional expansion drive, with initial focus on South Africa.Developing emerging microfinance institutions
In their ongoing effort to empower the world’s poor through microfinance, international nonprofit Unitus, Inc., the Overseas Private Investment Corporation (OPIC), and Citi have finalised a $15mn credit facility that will help foster growth among high-potential microfinance institutions (MFIs) and create more opportunities for families working their way out of poverty.
Fresh impetus for the Nigerian banking sector
The recent reforms in the Nigerian banking sector have received a vote of confidence with the signing of a 240mn euro loan deal between the European Investment Bank (EIB) and three Nigerian banks.
Expanding on microfinance
Artisans are receiving microfinance loans from the international online retailer NOVICA, fully funded by customers through the a new peer-to-peer microfinance lending site.