This evolution results from financing needs arising from Mergers and Acquisitions’ activities, but first and foremost from the enormous potential the private bond market represents. It indeed benefits from the decrease in the financing needs of governments, from the disappearance of exchange risk and from the advent of a large, more liquid and more homogeneous European bond market.
Mobile as a technology, which is low-cost, ubiquitous and efficient with a potential to enable achievement the goal of deeper financial inclusion, has been recognized across the world. Different countries are following different mobile banking models depending upon their requirements and availability of infrastructure.