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First Bank of Nigeria Plc Launches New Product-All Africa

Friday, 15 Feb 2013 05:33am EST

All Africa reported that First Bank of Nigeria Plc announced that the Company has introduced the 'expressions on card' product, which provides debit Naira MasterCard users an ability to design their electronic cards with pictures.

AKB Bank Moskvy OAO Announces New Product

Tuesday, 5 Feb 2013 07:00pm EST

AKB Bank Moskvy OAO (Bank of Moscow or the Bank) announced that it has brought out a new product called a Bearer Savings Certificate, which is a special sort of security combining the features of a deposit and a security at the same time. It certifies the sum of a deposit made with the Bank and the rights of depositor (holder of the certificate) to receive the sum of the deposit and the stated interest when the term of the certificate expires. A certificate can be valid for from 91 to 1100 days and there is no minimum deposit. The certificate has a fixed interest rate, which is set when the security is issued, this rate being higher than those paid on deposits. The interest is paid when the certificate is presented for redemption after its expiry. The advantages of Bearer Savings Certificates include not only a higher interest rate, but also convenience, they can be given as gifts or simply handed over to another person, be used to store funds during trips or as pledge security. The certificate’s degree of protection is comparable with those of bank notes. Holders of Bearer Savings Certificates may store their securities in Bank of Moscow safety deposit boxes. Bearer Savings Certificates can currently be purchased by Private Banking clients in Moscow and, from the second half of the year, they will become available to anyone in the country who lives where a Bank of Moscow office is located.

Wema Bank PLC Announces Launch of New Banking Solutions-News Bites - Africa

Monday, 21 Jan 2013 07:00pm EST

News Bites - Africa reported that Wema Bank PLC announced that the new mobile Banking application - WemaMobile will be available on the Apple Appstore and Android Market and thus, ensuring WemaMobile's accessibility across different platforms. Additionally, Wema Bank PLC announced the launch of its Instant Online Funds Transfers Services to other banks in Nigeria, as well as the completion of its integration onto the NIBSS Instant-pay platform.

Citibank del Peru SA Launches New Woman Credit Card

Friday, 11 Jan 2013 01:29pm EST

Citibank del Peru SA (Citi) announced that it has launched new WOMEN Card, a credit card on the market designed to meet the needs of women. This card is the key to a world of benefits inspired by women, offering promotions, discounts and activities appreciated by them.The credit card from Citi offers a variety of additional benefits and points that customers receive for credit cards. The Company aims to conquer the female market through a strategy that meets needs and interests of each type of woman. This card was successfully launched in Argentina and Uruguay. Moreover, in the area of beauty and fashion, Women Card provides a refund of a 50% of consumption in all beauty salons in the country, and some services in seven complimentary salons such as Roberto Giordano Salon, Hair Studio, The Nail Company, Kaoba, Salon Clip, Senza Salon and Jaimez Hair Design. It also allows to a refund of a 50% of purchases in ten exclusive stores in the Boulevard de Asia (Kidsmadehere, Bagus, Sabz, Lola, Moda & Cia, Applauzzi, Intimoda, Michelle Belau, Fina and CP) and 20% in other shops, restaurants and entertainment venues of the same Boulevard. Also, the card allows Citi Women buy gym memberships, as Bodytech, Sport Life and Life, with a special discount and paid in 6 installments without interest. This is the initial range of benefits that will be complemented in the future, including promotions in cafes, bookstores, travel, among others.

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Sector Summary

Energy +1.23%
Basic Materials +0.25%
Industrials +0.75%
Cyclical Goods & Services +0.53%
Non-Cyclical Goods & Services -0.12%
Financials +0.91%
Healthcare +0.16%
Technology +0.81%
Telecoms -0.60%
Utilities +0.41%

Market News

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Analyst Research

Report Title Price
FIRST INTERSTATE - COMPANY REPORT
Provider: Brown Brothers Harriman & Co.
$12.00
Buy
FIRST INTERSTATE - COMPANY REPORT
Provider: Brown Brothers Harriman & Co.
$12.00
Buy
FIRST INTERSTATE - COMPANY REPORT
Provider: Brown Brothers Harriman & Co.
$35.00
Buy
FIRST INTERSTATE - COMPANY REPORT
Provider: Brown Brothers Harriman & Co.
$35.00
Buy
BRD – H1, 2006 RESULTS, IN LINE WITH EXPECTATIONS
Provider: Swiss Capital
$92.00
Buy

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