Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Retail banks urged to change strategy as Net users set to quadruple  Join our daily free Newsletter

MENAFN - Khaleej Times - 08/04/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN - Khaleej Times) The 9th annual middle east retail banking forum kicked off on monday with a call to revolutionise banking strategy as internet users in the middle east are expected to quadruple in the next few years

Sanjoy sen managing director retail banking asia-pacific – anz in his key note address entitled “‘innovation in global retail banking: looking into the future brought to the fore crucial questions that will develop the future of the regions banking strategies.

“the number of internet users in the middle east will quadruple in the next few years. what does this mean for banks and how will it revolutionise their strategy? what are the key innovations and operating platforms that winning banks should adopt?” sen’s presentation before 100 participants spoke about understanding the next generation customers the digital revolution banking beyond boundaries amongst other insightful topics. the conference commenced with the opening speech from the chair asad batla head of consumer banking bank nizwa.

Khalil khodr chief executive officer virtual technologies or virtech gave a brief presentation on video banking — from transaction to engagement — which enables bankers to extend branch networks without breaking the bank or sacrificing customer experience.

The retail banking industry globally is undergoing a major transformation. retail banks have introduced enterprise wide changes spanning the dimensions of people process and technology and retain a competitive edge. what impact will these changes have on today’s retail bank? what will the bank of the future look like? a panel discussion titled ‘guru panel’ discussed the ‘transforming retail banking into a futuristic banking model’. moderated by hussein al sayed business news anchor cnbc arabia this panel discussion was joined by sanjoy sen managing director: retail banking asia-pacific anz; suvo sarkar general manager retail banking & wealth management emirates nbd pjsc; dean m. proctor executive general manager retail and consumer banking the commercial bank of qatar qsc; suresh bajpai head of retail banking doha bank; mohamed zaqout executive vice-president: head of personal banking group al hilal bank; asad batla head of consumer banking bank nizwa and david power head of retail banking group commercial bank international psc.

— issacjohn?khaleejtimes.com


Khaleej Times

  MENA News Headlines
 Oct 7 2015 - Sursock reborn as Beirut's first interactive museumAFP
(MENAFN - AFP) From nighttime walks around the city to workshops on art conservation, Beirut's grandiose Sursock Museum reopens this week as Lebanon's first interactive museum of contemporary art. ...

 Oct 7 2015 - Saudi tycoon raises stakes in TwitterAFP
(MENAFN - AFP) Saudi tycoon Prince Alwaleed bin Talal and his Kingdom Holding Company announced Wednesday they have increased their stake in Twitter Inc to become the firm's second-largest ...

 Oct 7 2015 - Major Omani firms set to log net earnings drop in 9MMENAFN
(MENAFN) Major Omani firms are predicted to post a drop in their net earnings, however, revenues will grow slightly for the first three quarter of this year compared to a year earlier.Net earnings of ...

 Oct 7 2015 - Four Emirati servicemen killed in suicide bombings in YemenThe Arabian Post
(MENAFN - The Arabian Post) The four Emirati soldiers killed in Yemen on Tuesday have been brought home to full ceremony.The General Command of the Armed Forces announced that the soldiers died in ...

 Oct 7 2015 - International aid to Syrians 'utterly inadequate': OxfamJordan News Agency
(MENAFN - Jordan News Agency) Global efforts to help Syrians both inside and outside their war-torn country have proved "utterly inadequate", international aid group Oxfam Wednesday said in a newly ...

 Oct 7 2015 - Israeli forces arrest 40 Palestinians in West BankJordan News Agency
(MENAFN - Jordan News Agency) Israeli occupation forces on Wednesday arrested 40 Palestinians from various parts of the occupied West Bank including Jerusalem, according to a statement by the ...

 Oct 7 2015 - Jeddah's hotel revenues report weak results in AugustMENAFN
(MENAFN) Four and five star hotels in Dubai reported weakening performance levels in August, with revenue per available room (RevPAR) declining 10.1 percent to USD147.45 for the month. Due to a ...

 Oct 7 2015 - Jewish settlers storm Al Aqsa MosqueJordan News Agency
(MENAFN - Jordan News Agency) Groups of Jewish settlers continued to storm Al Aqsa Mosque on Wednesday via Bab Al Magharbeh Gate under the protection of Israeli army and police.The Islamic Awqaf ...

 Oct 7 2015 - Canada rejects assaulting Muslim women wearing niqabJordan News Agency
(MENAFN - Jordan News Agency) Canada's Prime Minister Stephen Harper Wednesday stressed that his government rejected the latest attacks on Muslim women in Canada because of wearing the niqab.The ...

 Oct 7 2015 - Two Palestinians injured by Israeli forces in BethlehemJordan News Agency
(MENAFN - Jordan News Agency) A Palestinian young man on Wednesday, was injured during violent clashes with Israeli occupation forces and settlers east of the West Bank city of Bethlehem.The ...




Click to Apply


Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help