Kaspar Situmorang, CEO of Bank Raya, the digital bank of BRI, discussed its focus on serving the new economy workers who depend on smartphones to be productive and how it is bringing financial access closer to them.
Ricky Thomson, co-founder of Uganda’s first ride-hailing app SafeBoda, talked about how investments in digital technology can help the economy of the East African country bounce back from the pandemic, and how its government is paving the way for financial technology adoption in the country.
Benedicto Haryono, co-founder and CEO of Koinworks discussed how the neobank aims to help underserved businesses and entrepreneurs manage their finances and financing. He also discussed the need for Indonesia to improve its data management capabilities, and the struggle to gain valuable data amid industry incumbents withholding their data.
ICICI Bank reported strong retail banking performance with improvements in profit growth, return on equity (ROE) and cost to income ratio (CIR) in 2021. The bank’s performance is also supported by its strong digital capabilities developed over the years, and initiatives to deliver better customer experience and digital engagement.
Crosby Mkhwanazi, group head, transactional products & services, wholesale clients, Standard Bank, speaks on cross border payments, remittances and modernisation of payments in Africa. He also shared Standard Bank's priority initiatives.
Diane Karusisi, CEO of Bank of Kigali discussed with Emmanuel Daniel, Rwanda's current economic boom and its development path over the last 20 years. With the changes happening in this east African country, it shows that Rwandans manage to grow and become better. She believes that “its possible to transform Africa into a better place for Africans”.
Diane Karusisi, CEO of Bank of Kigali discussed with Emmanuel Daniel, Rwanda's current economic boom and its development path over the last 20 years. With the changes happening in this east African country, it shows that Rwandans manage to grow and become better. She believes that “Tax revenues are now supporting infra buildup in Rwanda”.
When it comes to Indonesia, we see it's still very early days to start with. So, open banking, open finance, those terms are just starting to make the rounds. It's kind of like started somewhere last year, and now everyone has heard about it. But there's still a lot of education that needs to be done across the board, to customers to fintech platforms, and also to banks of what it actually means and what it entails. I do believe there's an opportunity for everyone involved in any value chain, even banks are starting to realize that this actually provides great opportunities to tap into additional customer segments, additional #monetisation channels. But there's definitely a learning curve attached to it. And I think as always, Southeast Asia essentially finds its own way. And it's going to be probably a bit of a hybrid of what we've seen in other markets.
Andi Taufan and Aria Widyanto of Amartha shared how their fintech social enterprise is supporting women entrepreneurs in Indonesia to expand their microenterprises. Founded as a microfinance cooperative in 2010, Amartha transformed itself into a financial technology company with a peer-to-peer (P2P) lending model in 2016.
BIDV, Techcombank, TNEX, TPBank, Vietcombank, VietinBank, VPBank and VPBank NEO were recognised for their exceptional performance in retail and digital banking despite a challenging year at The Asian Banker Vietnam Awards 2022.
Jakob Rost, CEO and co-founder of Ayoconnect, one the largest open finance platforms in Southeast Asia discussed the use of common APIs, the potential to forge industry collaboration and accelerate the digitalisation of Indonesia’s financial services sector and economy. He also explained Ayoconnect’s business model, new product roadmap and growth opportunities.
In this wide-ranging briefing on the impact of the #RussianUkrainewar on the #finance industry, Emmanuel Daniel and Mathew Welch discussed the complexities private banks face in complying with sanctions on Russian oligarchs.
In recent years, #China has carried out supply-side structural reform. This is one of the critical points of China’s economy. Since the reform and opening up, especially after China joined #WTO in 2000, the growth of China’s economy has accelerated significantly, and the size of the #economy has become increasingly large, forming many relative advantages in many areas.
Leading fintech entrepreneurs in Uganda spent an evening with Emmanuel Daniel to share how Africa will transform finance to focus on the community.
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