Africa: UK Minister Calls for 'Market-Based Solution' to Barclays' Withdrawal of Services

[African Arguments]UK Minister for Africa, Mark Simmonds, has stated that the government will not intervene directly in Barclays Bank’s decision to withdraw banking services to Money Service Businesses (MSBs) including those that provide remittance services to Somalia, but said he hoped that a ‘market-based solution’ could be found.

Powered by WPeMatico

This entry was posted in Business. Bookmark the permalink.

Comments are closed.