While the global economy remains turbulent with uneven recovery, accelerated digitalization has enabled African banks to continue acquire and serve both retail and corporate customers through their digital channels. Several banks in Nigeria saw impressive growth on digital banking platforms and posted better results than continental counterparts. For example, United Bank for Africa (UBA), Nigeria’s second largest bank, recorded a 14.14% increase in its e-business revenue in 2020 compared to $102m the year before.

 

In order to achieve long-term success in the midst of market volatilities, banks should expand their transformation strategies with open technologies and collaboration, to become a truly technology-driven organization to meet the demands in a new, increasingly vibrant African economy.

Technology will continue to be the key structural disruptor for financial services and banks must act now as they cannot afford to "wait and see" while corporate client needs continue to develop at an accelerated rate.

 

Join us at this exclusive roundtable for you, like-minded industry practitioners, fintech partners and Finastra, to exchange ideas, challenges, and priorities in African corporate banks’ digital journey.

We have an exciting line up of sessions including:

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• Emerging trends such as open banking, embedded finance and the collaborative ecosystem.

• Banking and the digital ecosystem.

• Growth opportunity with SME, automated loan origination and digitized trade finance.

• Technology modernization and future proofing your investment.

• Proactive approach to resiliency, efficiency and minimizing risk.