Is the African banking sector changing forever?

Kicking off its Banking of the Future series, African Banker hosted a webinar with Backbase entitled ‘Is the banking sector changing forever?’ to explore current trends in banking, share first-hand plans and discuss the outlook for the sector.

As might be expected, the financial results posted for the year to the end of March 2021 revealed widespread falls in both banking revenue and profits, with an overall negative outlook. However, the webinar participants represented some of the banks that have managed to grow in different ways over the course of the pandemic.

Watch the webinar to learn how African banks have successfully implemented strategies to maintain high growth.

Discover how those banks have maintained a high economic growth even during the pandemic. Hear learnings from:

Presenters

João Figueiredo
CEO, Moza Banco
Lanre Bamisebi
Group Director IT & OPS, Equity Bank
Daniel Awe
Head of African Fintech Foundry, Access Bank
Cornel Dixon
Head of Africa

Keen to learn more?

Reports

The African Digital Banking Transformation Report 2020

The Digital Transformation Imperative

With the rise of technology adoption and a growing economy, Africa’s digital banking landscape is set to develop at a record pace in the next few years. A recent survey, conducted among African banks by our partner African Banker, showed that the race for digital is heating up:

96% of African banks regard digital transformation as one of the most important factors in their bank’s growth strategy.
52% of African banks consider better client services to be the single most important priority for digital transformation.
68% of African banks plan to increase their digital transformation expenditure over the next year for retail banking.

(Source - African Banker, 2020)

Together with African Banker, we’ve published a comprehensive report that aims to provide a clear roadmap for digital transformation journeys across the African banking sector. In this report, you will find valuable insights on how to get started or further drive your digital initiatives. Download the report now and get access to:

An outlook of the current digital transformation strategies of Tier 1 Banks in Africa.
A step-by-step guide on how to efficiently develop a client-first digital transformation strategy.
First-hand insights from six senior executives from the leading banks Absa Group, Nedbank Group, Equity Bank, Banco Sol and Banco Atlântico.