Category Archives: SALT Lending News
SALT Lending is excited to officially announce an international commercial banking relationship with the SBM Group, one of the largest banking and financial services institutions serving clients in Africa and Asia. The State Bank of Mauritius is a licensed commercial bank with a market capitalization of over US$3 billion.
“We are keen to explore providing banking services to this innovative company. This relationship will go a long way toward achieving our nation’s goal of becoming a hub for outstanding blockchain companies and fostering financial inclusion.” – K.C Li Kwong Wing, Chairman of the SBM Group
To foster this relationship, SALT has opened an office in the Republic of Mauritius, which boasts a global financial center. SALT looks forward to the advantages this strategic location provides in opening access to new developing markets.
“Mauritius is an ideal destination for innovative blockchain companies with its sandbox licensing framework that can provide regulatory clarity.” – James Duchenne, Managing Partner at Sutton Stone.
Continue to read at the source: The Coin Telegraph
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