Author Archives: Olarewaju Dolapo

Since incorporation, ensuring trust and confidence in every client and partner has been central in everything that S.A.M. Trade does. The added layers of security – on top of the existing licenses that S.A.M. Trade already holds, reinforces our commitment toward setting the highest possible standards in corporate governance, trading experience, and client satisfaction

Sam,
　　S.A.M. Trade is in partnership with some of the world’s best technology providers to provide clients with a seamless and secure trading environment.

　　Derick is also the Founder and CEO of Dreampreneur Pte Ltd, a company that engages in business ventures revolving accumulation, growth and management of with.

　　He dedicated more than a decade to the research, study and application of Cycle Analysis (CA) to predict, time and profit from the different investment asset classes.

　　Professionally, he provides global asset strategies for High Net Worth Individuals (HNWIs) in Singapore, Malaysia, Indonesia, China, Myanmar and Vietnam to deploy and allocate their investments between different asset classes in different stages of the macro market cycle.

　　He is also a recipient of the 2019 World Excellent Young Leader (2019全球杰出青年领袖) awarded by the prestigious Yazhou Zhoukan (亞洲週刊) for his vision, courage and influence to drive positive change and be a force for good in the world. Learn from Derick Tan who has 22 years of experience in the financial markets and more than 14 years of Cycle Analysis experience.

　　Partnerships increase your lease of knowledge, expertise, and resources available to make better products and reach a greater audience. All of these put together along with 360-degree feedback can skyrocket your business to great heights. The right business partnership will enhance the ethos of your firm. It can be recalled that S.A.D had Partnership with Derick Tan for some time, and it now S.A.M. Trade has proudly announced in their website that it has extended association with globally renowned trader and investor, Derick Tan as its Brand Ambassador and Advisor. Mr Derick Tan will continue to help and contribute to S.A.M. Trade in growing and remaining on top of its game in todays competitive market. Derick Tan has been an active trader & investor in the financial markets since, he is also an accomplished industry expert, a renowned author, a serial entrepreneur and a globally acclaimed speaker and trainer in the aspect of trading and investment.

　　While briefing after the announcement, Derick Tan said

　　“S.A.M. Trades acronym of Synergy, Adaptability, and Motivation as their guiding principles will drive the platform toward greater success, offering the ultimate trading experience for each of its valued clients.” He added that “In addition, S.A.M. Trade reaffirms its strong commitment to its clients with its new mission, ”A Brokerage That Makes Your Priorities Ours. I am excited to become a part of this highly skilled team of industry professionals..

　　S.A.M. Trade also won the Best Forex Copy Trading Platform, Asia and Best Affiliate Program, Asia in 2021, along with many other great accomplishments in the industry over the years.

　　With Derick Tan on board as such an important member of its team, the company is set to strengthen its brand with its strategic expansion into the global markets.

　　As a member of the Board of Advisors, Derick Tans mainly job will be to ensure that the brokerage is heading in the right direction through the competitive environment of the trading industry. His involvement in matters of strategic importance and concern makes him a great choice for the company and its growing team in the region and therefore making it better for then to extend their participation.

https://apphtml.wikifx.com/news/newsdetail?countryCode=ng&languageCode=en&code=202112026554122441

SquaredFinancial Group of multi-asset fintech brokers has today announced its Q3 trading results. Highlights include a 266 per cent growth in volume, a 220 per cent growth in its client base and a 200 per cent increase in gross profits.

　　• Multi-asset fintech broker has grown client base by 220 per cent

　　• Company announces new board, new structure, strong governance and growth

　　• Gold revealed as highest traded instrument in 2021

Squared,
　　The Group has continued to increase its offering during the year, providing immediate access to over 10,000 trading instruments across different asset classes and adding cryptocurrencies to more traditional asset classes such as foreign exchange, commodities, stocks and indices, with Gold being the significant driver of the increase in volume year to date due to its perceived safety in uncertain times.

　　SquaredFinancial Group has also appointed three new board members to further strengthen the governance and future growth of the company. Dirk Van Daele, Vusi Thembekwayo and Philippe Préval will bring a wealth of technology, entrepreneurial and financial board experience.

　　Philippe Ghanem, Founder and Executive Chairman of SquaredFinancial Group, explained:

　　We set out to build something different, listen to what clients want and provide stability and security.

　　In the coming months, we will continue to release new products, new funding channels, more online banking services and asset management, access financial markets and help clients towards achieving financial freedom. Each new member of our Board, each one of them brings a specific and different skillset, strengthening our Corporate Governance, Emerging Markets and Corporate Finance expertise that will help build, grow and promote SquaredFinancial in the coming years.‘’

　　Dirk Van Daele, financial services entrepreneur and new board member of the parent company, commented:

　　This is an exciting time to join SquaredFinancial. A dynamic new model on the convergence of asset management, but with an incredibly experienced leadership team and a clear pathway for progress.

　　“As a global FinTech, SquaredFinancial is able to offer more products and more capabilities than most peers. I look forward to working with Philippe and the team in the years to come and continuing to build the SquaredFinancial brand.”

　　Vusi Thembekwayo, venture capitalist, entrepreneur and new board member of the parent company, stated:

　　“Timing and talent must meet at the intersection perfectly. The world of finance, capital markets and asset management is fast changing, and the most pressing question for customers is how to take advantage and benefit from these challenges. Crypto, broking and asset management have become mainstream, but clients need a trusted, secure provider, and this is where we want to make a difference”.

　　Philippe Préval, CEO of Lusis and new board member of the parent company, said:

　　“My goal is to help change perceptions of how a FinTech company should be operated. With the utilization of Artificial Intelligence in trading as in other business areas such as payment fraud, credit scoring, loyalty and recommendations, SquaredFinancial can provide customers with unprecedented service and access.”


https://apphtml.wikifx.com/news/newsdetail?countryCode=ng&languageCode=en&code=202112035724121580

Alibaba is China’s — and by some measures, the world’s — biggest online commerce company. Its three main sites — Taobao, Tmall and Alibaba.com — have hundreds of millions of users, and host millions of merchants and businesses. Alibaba handles more business than any other e-commerce company.

　　The Alibaba stock (NYSE: BABA) traded quietly the last few days, staying slightly above the 152.50 support zone, marked by the low of August 23rd. Overall though, it stays below the downside resistance line drawn from the peak of October 27th, 2020, and thus, we would consider the bigger picture to be negative.

　　Alibaba stock may return somehow, but even if does so, it could reach high resistance close to the aforementioned downside resistance line. And this can probably result in another turn of selling, and another test near the low of October 4th, at 137.95. But if there is no interest in the stock, even at that price, then a dip lower could challenge the 129.45 zone, which give support back on October 30th, December 24th, 2018, and January 3rd, 2019. Also another break, below 129.45, could carry more bearish implications and perhaps observe scope for declines towards the low of May 18th, 2017, at114.25. It can also be observed fr the daily oscillators, that the RSI, even though slightly below 50, has turned up again, while the MACD stays below both its zero and trigger lines. Each of the indicators detect negative momentum, but since the the RSI was found to turned up adds to the idea of a small bounce in the short run before the next negative leg.

　　To begins inspecting the potential positive reversal, we nee to observe a break above the 183.00 zone, leveled by the high of October 19th. And This will not only confirm the next coming higher high, but also the break above the downside line taken from the peak of October 27th, 2020. We may also expect the next stop to be the high of August 4th, at 203.75, the break of which could allow expansion towards the 230.55 zone, which provided resistance between June 25th and July 1st.

https://apphtml.wikifx.com/news/newsdetail?countryCode=ng&languageCode=en&code=202112033324124618

As a private partnership, theyre able to take a thoughtful, long-term approach to managing their business and relationships. Their structure promotes client alignment, personal accountability, and agility – so the best ideas rise quickly to the top.

　　With fewer constituencies and no outside shareholders to serve, they have fewer distractions. They can be fully aligned with your best interests, and generous with their expertise and guidance to help you achieve your business objectives. To expands their partnership, BBH Capital therefore Partners completes a Growth Capital Investment in The Granite Group

　　The BBH Capital Partners (BBHCP) announcement was made on 18th November, 2021 that it has completed a growth capital investment in The Granite Group (Granite or the Company), in partnership with existing management and the Condron family. Founded in 1971 and based in Concord, NH, Granite distributes plumbing, heating, cooling, water, and propane supplies to residential and commercial contractors across New England through 47 wholesale branches and its e-commerce operation. Granite plays a critical role in the market, providing a value-added, in-person experience for the professional segment via a strategically located, customer-centric, and densely distributed branch network that compares favorably to national competitors in the New England market.

　　While briefing about the investment, the Managing Director of BBH and also the Co- Manager of BBHCP. Brad Langer said

　　“The investment in Granite is a charming opportunity for BBHCP to partner with another well-managed family-owned and operated business that was requesting a partner to help execute on the next phase of its growth plans,”. He further said “they were attracted to Granite due to its strategic geographic footprint, established branch network, and well known for best-in-class customer service, technical expertise, and the strength of the management team, led by CEO Bill Condron.”

　　Also Senior Vice President of BBH and Principal of BBHCPMatthew Salsbury, added that “Bill and his management team have a long track record of growth and have established Granite as a leader in the New England market. BBHCP is excited to support Granite though its next phase of expansion.”

　　Speaking on the matter, Granites President and CEO, Bill Condron. Added that “BBH is well known to the Condron family, serving as the initial banking partner of their founder BBHCP shares their goal of continuing to grow The Granite Group to better serve their customers and create exciting opportunities for their employees.” G2 Capital Advisors served as the exclusive sell-side advisor to The Granite Group on the transaction.

　　The Granite Group (Granite) distributes plumbing, heating, cooling, water and propane supplies to contractors and fuel dealers across New England through over 47 wholesale branches and their Online Store. The company also operates 15 retail showrooms under The Ultimate Bath Store name, offering an expertly-trained staff to assist with product selection and an extensive array of decorative plumbing fixtures and accessories.

https://apphtml.wikifx.com/news/newsdetail?countryCode=ng&languageCode=en&code=202112061384513707

EUR/GBP traded lower on Monday Last week 22nd November, 2021. after hitting resistance at 0.8537. Since Friday, the pair has been trading below an upside support line drawn from the low of October 26th, while it started forming lower highs even before that. With that in mind, we will consider the short-term outlook to have turned cautiously negative.

　　However, in order to get confident on further declines, we would like to see a dip below the inside swing high of November 2nd, at 0.8513. This could encourage the bears to drive the battle towards the low of November 3rd, at 0.8472, or the low of the day after, at 0.8462. If neither area is able to halt the slide, then we could see the fall extending towards the low of October 29th, at 0.8433.

　　Turning our gaze to the short-term oscillators, we see that the RSI ticked up after hitting support near its 30 line, while the MACD remains below both its zero and trigger lines. Both indicators detect strong downside speed, which supports the notion for further declines, but the fact that the RSI ticked up makes us cautious that a small bounce may be looming, perhaps for the rate to test the 0.8537 barrier again.

　　On the upside, we would like to see a move back above the 0.8595 barrier before we start examining whether the bulls have gained the upper hand again. This would confirm a forthcoming higher high on the daily chart and may encourage advances towards the peak of October 1st, at 0.8625, the break of which could allow extensions towards the peak of September 29th, at 0.8658.

https://apphtml.wikifx.com/news/newsdetail?countryCode=ng&languageCode=en&code=202112062844466186

CMC Markets is a leading online financial trading company, offering spread betting and CFDs across major global markets. Today it boasts 80,000 active clients, thousands of instruments, and an annual trade volume of 64.5 million. Investing in CMC Markets derivative products carries significant risks and is not suitable for all investors. You do not own, or have any interest in, the underlying assets. We therefore recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Spreads may widen dependent on liquidity and market volatility. As parts of their activities to ensure the client‘s safety, joy and success, it offers news and updates to keep them active and current to the daily information, in its new section it releases significant information to both traders and non traders, recently it released updates regarding the solid session for markets in Europe On 12th of November with the FTSE100 making a fresh 20 month high, and the Stoxx600 and German DAX setting new record peaks, as European stocks shrugged off Wednesday’s US CPI shock.

CMC,
　　It stated that, US markets, on the other side, had a much more mixed session with the Nasdaq rebounding quite nicely, as did the Russell 2000, while the S&P500 and Dow struggled, while US bond markets were closed due to Veterans Day. As we observed this on that day, while being set to hold onto those gains, after a strong Asia session that saw Chinese markets rally after record sales in their own version of Black Friday, which they called Singles Day.

　　As of This weeks events, particularly around inflation are encouraging to increasing discussion as to whether central banks might have to shift their policy stance to review that the price rises currently being seen could only just be the beginning of what consumers are about to bear as we head towards 2022.

　　For some months they have been assuring the markets that inflation is transitory, only for them to then have to shift their CPI forecasts higher with each passing meeting.

　　One element has shifted in the past few days is that rate rise expectations have shifted much more towards the Federal Reserve, hence the sharp move higher being seen in the US dollar, which hit its best levels against a basket of currencies since July 2020, and looks set to go higher

　　With headline CPI at a 31-year high and set to go higher the markets appear to be pricing in the prospect of two US rate rises by the end of next year, a stark shift from where we were only two months ago.

　　As we come to the end of the week its been a solid week for European stocks with the FTSE100 getting to within touching distance of the 7,400 level, and its third successive weekly gain.

　　Its also shaping up to be a positive week for the DAX although the progress has been glacial, with the only data of note today is once again out of the US, with the latest JOLTS job openings data for September, and Michigan consumer confidence for November.

　　There was a widespread expectation that September might well provide a big uplift in US payrolls, on the back of the roll-off of various government stimulus measures. While that number was eventually upgraded to 312k from 194k the weak nature of the number suggests that job openings may well have gone up. In August job openings fell to 10.44m from 11.1m, however the lack of a payroll advance in the September numbers suggests that vacancies may well have increased.

　　Expectations are for a fall to just over 10m, however it wouldnt be a surprise to see a move in the other direction, higher given the lacklustre employment reports during that month.

　　Michigan consumer confidence is expected to improve slightly to 72.5, from 71.7, with forward inflation expectations expected to see a rise towards 5% from 4.8%

　　EURUSD – on course for the 1.1400 area having broken below the 1.1500 area. We have the potential for a move towards 1.1170, now 1.1500 has given way. We still have resistance at the 1.1620 area, which we need to overcome to stabilise.

　　GBPUSD – now below 1.3400 and the lowest levels this year, the risk is now for a move towards 1.3160. We need to get back above 1.3420 to stabilize and retarget 1.3600.

　　EURGBP – continues to find resistance at the 200-day MA and the 0.8580 area. A break below 0.8520 opens the 0.8470 area.

　　USDJPY – all set for a return to the previous highs at 114.75, on a break above the 114.20 area. While below the 114.20 area the risk is for a move back to the 113.80 area


https://apphtml.wikifx.com/news/newsdetail?countryCode=ng&languageCode=en&code=202111267794510638

Gold is bullish as of 9th November 2021 as the U.S markets start the week. A weaker U.S dollar coupled with global inflation concerns has given the yellow metal the boost to break past the $1,800 trading range. It has been in a rally mode since Thursday, after hit hitting support at 1758 the day before. Although that rally was stopped near the downside resistance line taken from the peak of August 6th,2020. The metal remains below that line, but it also trading above an upside line taken from the low of August 9th, this year. Thus, as long as it remains between those two lines, we will stay neutral.

XAUUSD,
　　For us to start examining further advances, we need to wait and observe a break above the crossroads of the aforementioned long-term downside line and the key resistance level of 1834, which has been acting as a temporary ceiling since July 15th. Another stop may be the 1857 line, marked by the inside swing low of June 4th, the break of which could pave the way towards the peak of June 11th, at 1903, or the high of June 1st, at 1917. If none of the territory is able to stop the advance, then a break higher could see scope for extensions towards the high of January 6th, at 1959. But changing our attention to our daily oscillators, we can observe that the RSI rebounded from slightly below 50 and is now close to 70, while the MACD lies above both its zero and trigger lines, pointing up. Each of the indicators discover decent upside speed, recommending that the metal may have the necessary capability to overcome the downside line this time around.

　　While On the downside, we would like to see a dip below 1758 before we start examining whether the bears have stollen the bulls‘ swords. Such a move could also confirm the break below the upside line taken from the low of August 9th, and perhaps initially allow declines towards the low of September 30th, at 1721. If that barrier doesn’t hold either, then we could see the fall extending towards the low of August 9th, at 1683, a territory that provided strong support back in March as well.

　　Disclaimer:

　　The content we produce does not constitute investment advice or investment recommendation (should not be considered as such) and does not in any way constitute an invitation to acquire any financial instrument or product. The Group of Companies of JFD, its affiliates, agents, directors, officers or employees are not liable for any damages that may be caused by individual comments or statements by JFD analysts and assumes no liability with respect to the completeness and correctness of the content presented. The investor is solely responsible for the risk of his investment decisions. Accordingly, you should seek, if you consider appropriate, relevant independent professional advice on the investment considered. The analyses and comments presented do not include any consideration of your personal investment objectives, financial circumstances or needs. The content has not been prepared in accordance with the legal requirements for financial analyses and must therefore be viewed by the reader as marketing information. JFD prohibits the duplication or publication without explicit approval.

　　CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68.02% of retail investor accounts lose money when trading CFDs with the Company. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read the full Risk Disclosure.

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XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service. XM fosters a sustainable workforce development through a wide spectrum of cultures, and approaches your needs with openness to cultural, national, ethnic and religious diversity. Our advanced trading platforms and flexible trading conditions suit a diverse global clientele.

XM,
　　At XM, they‘re strong believers in helping in the fight against cancer. As known, Cancer causes cells to divide uncontrollably. This can result in tumors, damage to the immune system, and other impairment that can be fatal. Cancer has caused more deaths and other side effects to those affected, and it is still affecting some citizens, and That’s why XM took part in the We Run for Life campaign to raise money for the Cyprus Association of Cancer Patients and Friends (PASYKAF). And this is really remarkable to be considered and supported.

　　The PASYKAF organisation has over more than one year decades of experience in improving the lives of people touched by cancer. It is dedicated to, not only changing the public mentality of what living with cancer is like, but also providing professional health, home palliative care services and prevention programs. All in their efforts to help the life of victims and othe poor affected.

　　Therefore To support them in their mission, XM employees ran the hiking trail in Amiantos, Cyprus, on 26th September for the annual charity event. They want to thank everyone who took part on the day!

　　It always consider Helping out communities and their need as important to them, and they are willing to continue to contribute to similar worthy initiatives all over the globe to improve lifestyle and well being of people.

　　XM.com Offer a range of Account types and a low minimum deposit to appeal to all levels of trader. With 1000+ markets and low spreads they offer a great service. XM fosters a sustainable workforce development through a wide spectrum of cultures, and approaches your needs with openness to cultural, national, ethnic and religious diversity. Our advanced trading platforms and flexible trading conditions suit a diverse global clientele.

　　At XM, they‘re strong believers in helping in the fight against cancer. As known, Cancer causes cells to divide uncontrollably. This can result in tumors, damage to the immune system, and other impairment that can be fatal. Cancer has caused more deaths and other side effects to those affected, and it is still affecting some citizens, and That’s why XM took part in the We Run for Life campaign to raise money for the Cyprus Association of Cancer Patients and Friends (PASYKAF). And this is really remarkable to be considered and supported.

　　The PASYKAF organisation has over more than one year decades of experience in improving the lives of people touched by cancer. It is dedicated to, not only changing the public mentality of what living with cancer is like, but also providing professional health, home palliative care services and prevention programs. All in their efforts to help the life of victims and othe poor affected.

　　Therefore To support them in their mission, XM employees ran the hiking trail in Amiantos, Cyprus, on 26th September for the annual charity event. They want to thank everyone who took part on the day!

　　It always consider Helping out communities and their need as important to them, and they are willing to continue to contribute to similar worthy initiatives all over the globe to improve lifestyle and well being of people


https://apphtml.wikifx.com/news/newsdetail?countryCode=ng&languageCode=en&code=202111302794823802

S.A.M. Trade (Asia) Pte Ltd (OTCMKTS: SMFX) is publicly traded on the OTC Markets in the United States of America. S.A.M. Trade is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market.

SAM,
　　S.A.M. Trade is incorporated in Saint Vincent and the Grenadines under registered number 25290 IBC 2019 by the Registrar of International Business Companies

　　• New Slogan: “A Brokerage That Makes Your Priorities Ours.” Its mission is to affirm its strong commitment to all clients

　　• S.A.M.: Synergy, Adaptability and Motivation acronym will be the guiding principles to drive the platform toward greater success

　　Previously, The Broker is using Different Logo and Slogan which can be identified by user interested to trade with them. As their services continues, the Broker now launched it’s new Logo and Slogan which differs from the other one. The change take affect from 1st of November, 2021. Therefore to notify their clients and the General public, it made its public notice about the change by showing the newly changed Logo and Slogan as seen above:

　　The Global trading platform S.A.M. Trade on 1st of November unveils its new logo, new mission, and identity to reflect the platforms transformation since its founding in 2015.

　　“S.A.M.,” as showcased in it’s brand new logo, stands for Synergy, Adaptability and Motivation, and represents the guiding principles behind the platforms success. The breakdown of the Word on the Logo can be observed below:

　　Synergy, as the platform‘s cross-business teams’ effective communication and teamwork has allowed it to leverage its diversity to create a unified organisation greater than the sum of its parts. Adaptability, as the platform has kept pace with the changing times. Last but not least, Motivation, as the platform‘s purpose to grow, as individuals and as a team, has empowered its team of like-minded, determined professionals to continue to enable clients’ success as well as each others success.

　　Also prior to that, S.A.M. Trade confirm its strong commitment to its clients in this rebrand with its new mission, reads “A Brokerage That Makes Your Priorities Ours”. Being traders themselves, the founders and partners of S.A.M. Trade understand the importance of safe, easy and low-cost access to financial markets for its users.

　　As for some comments received from their Chief Executive Officer, Mr. Sam Goh regarding the new modifications said:

　　“they are very excited to unveil their new refreshed visual and platform identity. This marks a significant milestone for S.A.M. Trade, with our new identity signifying the successes that S.A.M. Trade has achieved over the last few years, through continuously developing and innovating their technology and suite of services. Synergy, Adaptability, and Motivation will continue to drive S.A.M. Trade onward, as they strive to serve their clients with ever-better seamless trading experiences.”

　　The recent changes of the logo, Slogan and their mission pass through various improvements and develop by their platform to raise and improve it’s offerings and services and to sharpen their Brand and make it more accessible and recognized Globally. This includes SamAideTM, which provides robust fund security for traders. The platforms signature technology, CopySamTM that allows its clients to trade like top traders, also won “Best Forex Copy Trading Platform – Asia” at the Global Forex Awards 2021. Also added to those features, S.A.M. Trade has strengthened its brand with its strategic expansion into the wider European market, having signed sponsorships with two football clubs, Cardiff City FC and Valencia Club de Fútbol which is great to strengthen their cooperation and makes their services recognized

https://apphtml.wikifx.com/news/newsdetail?countryCode=ng&languageCode=en&code=202111307324482882

ICBC International Holdings Limited (“ICBC International”) is a wholly-owned subsidiary of ICBC in Hong Kong. As a Hong Kong incorporated and based company, ICBC International leverages the parent bank’s premier brand, strong capital base, extensive clients’ base and advanced financial products in China. It is exposed to domestic and overseas capital markets and provides domestic and overseas financing clients with services in four product lines; corporate financing, investment business, sales & trading and asset management. ICBC International also offers market research services covering global macro economy, international financial markets, environmental protection, medical care and other hot industries.

ICBC,
　　What Is an Initial Public Offering (IPO)？

　　An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. An IPO allows a company to raise capital from public investors

　　It was on 29 September 2021, ICBC International, whi is currently as Joint Sponsor, Joint Global Coordinator, and also Joint Bookrunner, has completed an IPO deal in Hong Kong for Dongguan Rural Commercial Bank Co Ltd (“DRCB”; 09889.HK).

　　Dongguan Rural Commercial Bank Co., Ltd. is an information technology and services company based out of Dongguan, Guangdong, China. Dongguan Rural Commercial Bank Co Ltd is a company strongly engaged in corporate banking business and personal banking business. The Company operates four segments. Corporate Banking Business segment and in each segment it provides financial products and services to corporate customers, government agencies and financial institutions, including corporate loans and advances, trade finance, deposits, and various other corporate intermediary businesses. Personal Banking Business segment provides financial products and services to individual customers, including personal loans and advances, deposits, bank cards, and various other individual intermediary businesses. Treasury segment covers money market transactions, repurchase transactions, debt instrument investments, wealth management products and precious metals. The Company also operates Others segment. Dongguan Rural Commercial Bank provides its services throughout rural areas.

https://apphtml.wikifx.com/news/newsdetail?countryCode=ng&languageCode=en&code=202112012004792651