Published November 06, 2012
Africa’s rapid growth offers banks opportunities in both transaction and retail banking
Emergence of “megacities” across Africa and rapid growth within the continent expected to bring about myriad of opportunities for banks in trade finance and mobile banking.
Date: Nov 06, 2012
Author: Baron Laudermilk
Categories: China, Core Banking, Industry Outlook, Mobile Banking, Retail Banking, Rmb, Technology & Operations, Trade Finance, Transaction Banking
Keywords: Standard Bank, Simon Freemantle, Rajesh Mehta, Citibank, JPMorgan, Barclays, Wizzit Bank, Bank of Athens, Misys, IBM
International banks have generally neglected to understand and identify investment opportunities in Africa, with many still looking to tap into China and the burgeoning Asia Pacific region. However,…