| CONNECTS WITH POS SYSTEM OF SMARTLINK |
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Indovina bank has successfully integrated POS system of Smartlink bank members since 18 Oct 2011. IVB ATM card holder can make payment transactions at supermarket, shops and more than 30.000 POS of 20 banks in Smartlink Alliance. AD
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INTEREST CEILING RATE REDUCED TO 12 % PER YEAR SINCE 11/04.
INTEREST RATE FOR ONE –WEEK TERM BELOW 10%/YEAR .
SVB ISSUED CIRCULAR 07 WHICH LIMITED BANKS “HOARDING” FOREIGN CURRENCY.
RESTRICT OWNING MULTI BANKS .
STATE BANK PUBLISH BANKS’ BAD DEBTS.
DOCUMENT NO. 8844/NHNN-CSTT ABOUT CREDIT ACTIVITIES IN MONTHENDS OF YEAR 2011.
CONDITIONAL REFINANCING FOR SMALL BANKS.
