Reports on activity in the nonfinancial services
sector were positive, with reporting Districts noting similar or improved activity from the last report."
Another key element was a willingness to partner with external providers such as FinTech startups, technology providers and nonfinancial services
firms that customers value.
Many Districts reported modest growth in nonfinancial services
. Manufacturing activity was mixed across Districts.
ECIMB is a new Greenfield bank with a vision to become a leader in providing focused financial and nonfinancial services
to the owners of small and micro enterprises.
The program will also improve the quantity, quality, and relevance of nonfinancial services
for MSMEs and help to solve the problems of lack of coordination of public management support and lack of current statistical information on the sector.
Only 11.8 percent of manufacturing companies and 8 percent of nonfinancial services
companies adopt an age-based mandatory retirement policy for CEOs.
Interventions can include training in literacy, occupational and entrepreneurial skills, as well as provision of support to youth-led micro and small enterprises and cooperatives to successfully access credit, nonfinancial services
For NFFEs making nonfinancial payments, the relevant payments the proposed regulations applied to were (i) payments for goods, non-financial services, and the use of property and (ii) interest on payables related to the acquisition of goods, nonfinancial services
, or use of tangible property.
Demand for nonfinancial services
increased at a modest pace, and several Districts noted growth in freight and transportation services.
He said that the institution would focus on Islamic financial services, revolving loans and savings, as well as nonfinancial services
like vocational and management training and marketing.
In May of 2008, S&P confirmed its intent to continue to broaden its focus on ERM in nonfinancial services
industries and to begin incorporating its findings in its credit-rating reports in 2010.