Earlier Today, Bertrand Badré, Former CFO of the World Bank revealed that the MERCO Bank’s partnership with several institutional investors has so far exceeded $1Billion in managed assets.
It has been our desire and goal to meet our customers’ evolving expectations and also to grow the number of managed assets. This is what we intend to achieve by partnering with several institutional investors in a different sector.
Over the years, we have partnered with various institutions comprising Insurance firms, financial institutions, saving institutions, banks, mutual funds, and pensions companies. Which is all a well-thought strategy to improve the customer experience, expand the product line, providing fund security, investment, and loan opportunity for customers.
This year, we have exceeded all expectations and now we currently manage over $1Billion of investors’ digital assets and we are just getting started. This is a great achievement for the company and we want to achieve more in the coming months.
“We have set a new personal record for the company and I believe it is a start of greater things to come in the future. The partnership with various institutions has opened the door for more opportunities to expand and increase income for both parties while also providing them protection for their assets.” CEO Merco Bank, James Anderson said
“I think that by opening more relationships with institutional investors, we help them grow their business, serve their customers better, and those are the things that we care about. It just so happens that when you do those things, we also grow and become even more profitable than we already are. We are utilizing our first-class technologies to satisfy those needs of our customers and also our internal customers as well. And if we see something that we can do to streamline line processes or give more convenience to the customer, we’ll definitely give it a go.” He added
Merco Bank is currently among the largest and oldest digital banks in the world and we have consistently been considered as the best place to stake, save, loan, trade, invest online, thanks to our excellent service, low fees, versatile funding options, and rigorous security standards
Institutional Investors Are Large Market Actors
We at Merco Bank understand that institutional investors have greater influence and impact on the market and the companies they invest in. Institutional investors control a majority amount of financial and digital assets of which they own over 80% of equity market capitalization.
These institutions and organizations have the customers as well as the funds to assert a level of affluence in the financial market. Our partnership with these organizations is simply to manage their digital assets and investment, offer them a safe haven for their investment, opportunity to grow their digital assets with us, of which we would help them manage investment risks, and also provide insurance cover for investments.
Merco Bank will use its top-performing Temenos Software to enable Investors to achieve industry-leading cost-income ratios of 26.8% and returns on equity of 29.0%, 3X better than the industry average.
Some Notable Institutional Investors we are Partners with
- UBS Asset Management
- Insight Investment
- New York Life Investments
- Allianz Global Investors
- Zurich Insurance Group
- American International Group (AIG)
- Legal & General Group
- Aviva
- Japan Post Holdings
- Ping An Insurance
- Berkshire Hathaway
What the partnership between Merco Bank and Institutional Investors Look Like
Merco Bank’s partnership with financial institutions is all a road map to improve the product offering, increase efficiency, and provide funds security for all parties. The partnerships provide an avenue that allows investors to save and invest their digital assets with Merco Bank, and in turn, we expand our customer base. We don’t just offer to manage these digital assets, we also ensure to offer top-notch security for their investment. Merco Bank is integrating its identity protection services into banks’ digital banking platforms.