Money Market

FINCA Micro-Finance Bank celebrates 20 years of impacting Tanzania!

March 6, 2018/FINCA Microfinance Bank Tanzania FINCA Micro-Finance Bank (www.FINCA.co.tz), a leading financial institution in Tanzania is marking its 20 years of serving and creating impact in Tanzania. The bank was established in 1998 as a microfinance institution providing loans to SMEs and entrepreneurs and has now evolved into a […]

Interest Rates Beyond the Market

Culled—Proshare March 6, 2018/FBNQuest Research     One stark conclusion from today’s chart is that term depositors are poorly rewarded when we adjust their rates for inflation. On the same basis, it appears that borrowers on the prime lending rate enjoy competitive terms. For the depositors, the advice would be to […]

New Malaysian Cryptocurrency Regulation Come Into Effect

Culled—Proshare March 6, 2018/Bitcoin News  Last week, Malaysia’s new Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) policy guidelines specifically addressing cryptocurrencies came into effect. The new regulations compel Malaysian virtual currency exchanges to mandate KYC adherence, including the collection of ID documentation.  New Malaysian AML/CFT Guidelines for Cryptocurrencies Aim […]