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
 Mar 2 2015 - Oman's Napco plans USD18.11m capacity expansionMENAFN
(MENAFN) National Aluminium Products Co (Napco) plans to spend USD18.11 million to boost its capacity to basically increase volumes and market share, Muscat Daily reported.The company will install ...

 Mar 2 2015 - Dubai's real estate investors shift to low cost UK propertyMENAFN
(MENAFN) Dubai real estate investors are now among the largest groups of abroad nationals purchasing low-cost investment property in the UK, according to a new property survey, Arabian Business ...

 Mar 2 2015 - Etihad-staked Air Serbia logs USD3.02m net profit in 2014MENAFN
(MENAFN) Air Serbia, in which Etihad Airways holds a stake of 49 percent, logged a net profit of USD3.02 million for 2014, Arabian Business reported.In its first year of operation, Air Serbia logged ...

 Mar 2 2015 - Dubai's Abraaj invests USD145m in North Africa healthcareMENAFN
(MENAFN) Dubai-based private equity firm Abraaj Group is set to lead an investment of USD200 million in the new North Africa Hospital Holdings Group (NAHHG), Arabian Business reported.The firm, ...

 Mar 2 2015 - Egypt received USD23b aid from Gulf in 18 monthsMENAFN
(MENAFN) Egypt received USD23 billion in aid from Saudi Arabia, the UAE and Kuwait in the 18 months since former President Mursi was ousted, Investment Minister said, Reuters reported.According to ...

 Mar 2 2015 - Arab world's healthcare sector wastes USD40b annuallyMENAFN
(MENAFN) Half of the estimated USD80 billion annual governments spending on health care sector in the Arab world are going to waste due to widespread inefficiencies, a Dubai health official said, The ...

 Mar 2 2015 - Zain KSA records USD293.16m EBITDA growth in 2014MENAFN
(MENAFN) Zain KSA posted improved financial results hitting USD293.16 million in EBITDA in 2014, up from USD237.19 million in 2013, marking 24 percent increase, Saudi Gazette reported.Zain's net ...

 Mar 2 2015 - Egypt to attract USD8b of foreign direct investment in this fiscal yearMENAFN
(MENAFN) Egypt is forecast to receive a sum of foreign direct investment worth USD8 billion in this financial year, marking an increase from the USD4 billion last year, Reuters reported.The Egyptian ...

 Mar 2 2015 - Qatar, Mitsubishi to sign USD1.09b hydroelectric dealMENAFN
(MENAFN) State-controlled Qatar Electricity and Water Company (QEWC) is set to sign a USD1.09 billion contract to build the Gulf country's largest power and water plant to Mitsubishi, Emirates 24\7 ...

 Mar 2 2015 - Egypt's Edita eyes USD262m initial offerMENAFN
(MENAFN) Egyptian food maker Edita is considering an initial offering of about USD262 million the Cairo bourse, Reuters reported.According to sources, trading is forecast to start at the beginning of ...

more...


 






Google

 
 

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