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It's coming: In preparation for the adoption of "OPEN-BANKING" in Ghana

In less than a decade, the global financial sector has witnessed a remarkable transformation accelerated by emerging technological advances, ushering in a new era of financial service offerings than previously offered. The results – new financial innovations and business models – have become existential threats to long-held traditional banking practices.… ....

Central Bank , National Payment Systems Strategic Plan , Fund Transfer Services , Application Programming Interfaces , Financial Decisions , Customer Lending , Cost Efficiency , African Continental Free Trade Agreement , Risk Management ,

It's coming: In preparation for the adoption of 'open banking' in Ghana

In less than a decade, the global financial sector has witnessed a remarkable transformation accelerated by emerging technological advances, ushering in a new era of financial service offerings than previously offered. ....

Fund Transfer Services , Central Bank , National Payment Systems Strategic Plan , Application Programming Interfaces , Financial Decisions , Customer Lending , Cost Efficiency , African Continental Free Trade Agreement , Risk Management ,

China Foods : CONTINUING CONNECTED TRANSACTIONS RELATING TO THE 2021 FINANCIAL SREVICES AGREEMENT


2021 Financial Services Agreement
Reference is made to the 2018 Announcement of the Company in relation to the continuing connected transactions contemplated under the 2018 Financial Services Agreement entered into between the Company, Supply Chain (Tianjin), an indirect non-wholly owned subsidiary of the Company and COFCO Finance. The 2018 Financial Services Agreement will be expired on 13 December 2021.
In order to continue to provide a more efficient employment of funds within the Group and to better facilitate intra-Group settlement services, the Company, Supply Chain (Tianjin) and COFCO Finance entered into the 2021 Financial Services Agreement on 21 April 2021 which will supersede the 2018 Financial Services Agreement. Pursuant to the 2021 Financial Services Agreement, COFCO Finance shall provide, among others, the Deposit Services, the Fund Transfer Services, the Entrustment Loan Services and the Other Financial Services to the subsidiaries o ....

Hong Kong , Hong Kong Special Administrative Region , Hong Kong General , Republic Of China , Taiwan General , Shen Peng , Chen Lang , Stephen Edward Clark , Qing Lijun , Chen Zhigang , Xiao Jianping , Announcement Of The Company , Directors Of The Company , China Foods , Entrustment Loans Services , Stock Exchange , People Bank , Agricultural Development Bank , Administration Of Finance Companies Enterprise Groups , Deposit Services , Board Committee , Fund Transfer Services , Cola Supply Chain Tianjin , Insurance Regulatory Commission , Fund Transfer Service , Stock Exchange Of Hong Kong ,