Lithuania Post to buy 220 “minibanks” from liquidated bank
Lithuania Post is looking to make a big expansion to its financial services network with the acquisition of the retail assets of a bank currently going through liquidation.
Read MoreTag: postal banking
Azerbaijani Postal Operator Introduces Bank Statement Issuance System
Azerpost has started to introduce a system of issuing bank statements when paying for utility services through its regional branch network.
Read MoreSwiss Post’s PostFinance becomes 100bn franc bank
Swiss Post’s banking arm, PostFinance, is now managing customer assets valued at more than 100bn Swiss francs for the first time in its history.
Read MoreIndia Post seeking assistance in Post Bank project
India Post is seeking a consultancy to assist it in setting up a new Post Bank of India to provide banking services with a particular focus on rural areas.
Read MoreSAPO introduces new money transfer system in Lesotho
The South Africa Post Office has introduced a new money transfer system that will allow migrant workers from Lesotho to deposit money at any post office in Lesotho.
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