CRDB Bank Right Issue Gets Impressive Success

CRDB right issue has been subscribed successfully by full amount thanks to three underwriters who bought the remaining amount. The bank in June 26, staged the right issue in a bid to raise slightly over 150bn/- to finance the firm’s expansion drive and meeting the regulator’s minimum core capital requirement. The bank’s shareholders bought 70.5

Mobile Phone Becomes the Personal Banking Assistant

Since 2008, Taisys had been enabling Slim SIM banking services with local banks in China, especially in the rural areas where inadequate financial resources are provided. With Taisys Slim SIM technologies, the banks have successfully built up the highly secured “virtual banking network” to their customers providing secured access to financial services, replacing the investment

Old Mutual Launches Innovative Prepaid and Reward Programme In Namibia, Secured by Tranwall Transaction Control

Tranwall Limited, in partnership with Payment Express Mauritius, has successfully completed the implementation of Tranwall Transaction Control for the OMCARD Namibia project. Tranwall Transaction Control enables the OMCARD to empower their cardholders with the ability to secure their cards by using mobile telephony to switch their cards ON or OFF for specific transactions types, such