COVID19: Impact on the Banking Sector and Liberia - News Summed Up

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COVID19: Impact on the Banking Sector and Liberia


Liberia recorded its first COVID19 case on March 16 and our government was quick to react. Increase and push for more people to switch to mobile banking services such as SMS Banking, Online Banking, Banking Apps, ATMs and Internet Banking. Integrate the GSM Operators’ platforms to provide for the easy transfer of money from one mobile money account to the other across the networks. Therefore, regulatory bodies and banks need to push more and more people to register for and use mobile money. Like many things about life as we have come to know it, COVID-19 may end up changing the way we will do banking forever.


Source: Front Page Africa April 08, 2020 09:01 UTC



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