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Retail Banking In The New World African Economy  Join our daily free Newsletter

MENAFN Press - 03/02/2013

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(MENAFN Press) Recognising the pressing need for enhancing the flow of development finance, in the African mainland, The 5th Annual Retail Banking Conference 2013 will be held from 25 “ 27 June 2013 in Johannesburg, South Africa.

This forum will comprise of two day conference and a third day, dedicated to post conference workshops focusing on market trends and evaluating opportunities in Africa's consumer banking business in order to improve your business profits.

A society of more confident and financially savvy consumers will be able to take better control of their money: by planning ahead, getting general or more specific expert advice when they need it, buying products that meet their needs, and being equipped to manage and pay back their debts. This is where Retail Banking comes into picture.

The base of current retail banking services is customization in financial services. Banking offers many opportunities in developing economies like Africa. According to statistics Africa's economy is stated to grow at an average annual rate of 7% over the next 20 year.

According to the statistics 70% of Africa's population is unbanked which means they don't have bank accounts and don't have proper access to finance. In South Africa specifically Retail banking sees immense potential because of economic prosperity and the consequent increase in purchasing power, changing consumer demographics, increasing literacy levels, higher adaptability to technology, and growing consumerism.

The retail banking services in Africa have gained pace in the recent years. This is the result of increasing population of the middle class. The banking groups from all over the world are making an attempt to attend to the growing demands of this new found class.

Recognising the pressing need for enhancing the flow of development finance, in the African mainland, The 5th Annual Retail Banking Conference 2013 will be held from 25 “ 27 June 2013 in Johannesburg, South Africa. This forum will comprise of two day conference and a third day, dedicated to post conference workshops focusing on market trends and evaluating opportunities in Africa's consumer banking business in order to improve your business profits.

Industry expotents will involve in over 20 knowledge-sharing presentations, intriguing panel discussions and relevant case-studies along with networking sessions to explore growth opportunities in the African banking sector and establishing beneficial business relations.

Supported by The Banking Association of South African Bankers, African Business Roundtable, International Compliance Association and gold sponsored by International Turnkey Solution Group this forum has already confirmed participants from Bramer Bank, MasterCard Worldwide, First National Bank , BancABC, Barclays Africa, Standard Chartered Bank, Attijariwafa Bank, EcoBank, Absa Bank, Bank of Mauritius and many others.

For all details regarding our speakers, presentation topics and the conference agenda please visit our event webpage http://www.fleminggulf.com/retailbankingafrica.


About Fleming Gulf
Founded in 2005, Fleming Gulf is young, dynamic and has fast become one of the leading providers of business intelligence through industry specific conferences, webinars and skills enhancement training courses. Our goal is to link professionals and provide them with commercial acumen, business investment contacts and a world of opportunities.

 






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