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IN BRIEF: Tintra to establish regional banking hub in Rwanda

8th Mar 2023 14:21

Tintra PLC - London-based artificial intelligence-led bank - Set to establish a local subsidiary in Rwanda following "extensive" discussion with Rwandan government departments. Begins the licensing application process with the National Bank of Rwanda for the banking hub. Explains that its "major strategic goals can be met faster with the addition of a banking hub on the African continent." The decision follows on from the establishment of similar regional hubs in Qatar, Puerto Rico and Singapore, it adds.

Current stock price: 128.00 pence, up 2.4% on Wednesday afternoon in London

12-month change: down 29%

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to [email protected]

Copyright 2022 Alliance News Ltd. All Rights Reserved.


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