Exactly what is a realistic description of the work life balance of the investment bank analyst? Exactly what is a realistic description of the task life balance of an investment banking analyst? 115k at least. It appears that the pay when looking it at an hourly rate is not that great. 40 per hour atm. Have you any idea people in ibd? Yeah- you don’t sign up for IBD for the pay as a junior, you take action for the exit opportunities to PE, HF (although this is less suitable to ECM) and the extreme career progression. 500,a year at a BB 000.
Mr Tim Scheffmann, the previous chief executive of MyPay, said competition and innovation would make a difference for making sure uptake of mobile financial services. “The mobile money market in Myanmar is still at an early on stage and more competition at this point of time would definitely help to provide a much better service to Myanmar’s people,” he said.
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However, Pwint Phyu Htun argues that as the industry grows it’s better to begin with experienced, low-risk companies – and mobile providers suit you perfectly perfectly. Mobile providers have an enormous distribution network of 100,000 airtime sellers, small neighbourhood shops and big stores from across the nationwide country. These can be transformed to be human ATMs on every street corner offering cash-in/cash-out service to people of Myanmar,” she said. One concern which there appears to be agreement is the necessity for interoperability: the ability for users to send money between mobile financial services operators. If different systems cannot talk to each other, the usefulness of what they’re offering is bound.
Imagine, for example, if your Ooredoo phone was unable to call a Telenor consumer, or you couldn’t transfer money from an account at KBZ Bank to one at CB Bank. Scheffmann said it was essential for the development of the sector that the regulator allows interoperability between the various providers. “Once you open up the marketplace to interoperability, transactions increase,” Pwint Phyu Htun said.
“In Myanmar, many people don’t understand that interoperability brings huge value. Openness is what’s going to get a complete lot more adoption. “MFS can be considered a nation-building effort,” she said. Should OK Dollar be granted a licence, it will have to make some significant changes to the terms and conditions of service currently available only in English on its website. The conditions and conditions relieve OK Dollar of several of the responsibilities that the mobile financial services regulation imposes on certified operations. For instance, OK Dollar reserves the right to discontinue its service, terminate accounts and retain the balance “if there are discrepancies or inaccuracies in virtually any information or paperwork provided to them”.
Deposits must also be used within 185 days or “may be forfeited at our discretion”. OK Dollar services anytime, for just about any reason or no reason”. However, under the MFS regulation, providers “shall, upon request with a MFS account holder, redeem, at any time and at par value, the money held in the MFS account”. OK Dollar distances itself from the activities of its vendors and real estate agents. The conditions and conditions stipulate that users “assume any loss or liability” resulting from a reload or attempted reload, or withdrawal or attempted withdrawal.
It also declares that it is “not accountable for any works or omissions of any third party including merchants, advance merchants, agents or any financial institutions” that use OK Dollar services. But under section 9(a)(3) of the MFS rules, a company “is legally accountable for the actions of its agent to the degree that they relate to the performing of MFS transactions and matters connected therewith”.