FRA approves 13 companies to undertake non-bank financial activities

FRA approves 13 companies to undertake non-bank financial activities

The Financial Regulatory Authority's approval of 13 companies to engage in non-bank financial activities signals a significant step towards boosting the sector's competitiveness and investment appeal. This move aims to broaden citizens' access to financial services and includes the establishment of Welzi Real Estate among others. Such regulatory support is crucial for fostering economic growth and ensuring a more inclusive financial ecosystem in the country.

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