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
 Jul 26 2016 - Dubai's DP World holds 31.4m TEU globallyMENAFN
(MENAFN) Dubai-based marine terminal operator DP World proclaimed that it handled 31.4mn twenty-foot equivalent units amid its global portfolio of terminals.Furthermore, gross container volumes ...

 Jul 26 2016 - Morocco Telecom's income up 3.2 percentMENAFN
(MENAFN) The net income of Maroc Telecom Group increased by 3.2 percent in the first half of this year to reach USD0.3bn.On the other hand, the improvement was driven by the group's global ...

 Jul 26 2016 - Abu Dhabi rents decline in Q2, 2016MENAFN
(MENAFN) Abu Dhabi's real estate market viewed a decline after 18 months of stable conditions, with rents in Q2 of this year dropping.Accordingly, the country's market may see a downward trend soon, ...

 Jul 26 2016 - Hotel occupancy rates in Mideast fall to 48.9%MENAFN
(MENAFN) According to STR, hotels in the Middle East stated mixed results during the past month, posting a 16.3% decrease to 48.9% in occupancy compared to the same month last year.In Ramadan, ADR ...

 Jul 26 2016 - IDA approves 180 projects worth USD 338mnMENAFN
(MENAFN) Egyptian Industrial Development Authority (IDA) agreed for 180 industrial projects with an investment to cost of USD 337.9 million, during June 2016.Industry Minister clarified that 180 ...

 Jul 26 2016 - Industrial sector in Qatar increases by 2.5% in May.MENAFN
(MENAFN) Qatar's industrial sector showed an increase of 44.9 points, a growth of 2.5 percent, compared to the previous month.This flow was attributed to the improvement in the performance of ...

 Jul 26 2016 - Government services should exceed expectations of customers, says Mohamed bin ZayedEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI, 25th July, 2016 (WAM)--His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed ...

 Jul 26 2016 - Two Saudi pilots killed in helicopter crash in MaribEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) JEDDAH, 25th July, 2016 (WAM)--The Arab Coalition Forces Command announced today the martyrdom of the two Saudi pilots in the Apache helicopter crash due to ...

 Jul 26 2016 - Vice Custodian of Two Holy Mosques holds talks with US officialEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) JEDDAH, 25th July, 2016 (WAM)-- Vice Custodian of the Two Holy Mosques HRH Prince Mohammed bin Naif bin Abdulaziz stressed today the Kingdom of Saudi ...

 Jul 26 2016 - Khalifa Hospital in RAK conducts 225 operations to eradicate tumoursEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) RAS AL KHAIMAH, 25th July, 2016 (WAM)--The Sheikh Khalifa Specialty Hospital in Ras Al Khaimah has recently conducted 225 successful operations to eradicate ...

more...


 





Google

Easy Forex

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

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

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

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