In their pursuit of new money, private banks are trying to build up brand recognition, be it by highlighting their traditional values or the way they have embraced the digital revolution.
Latest articles from Banking
With technology making data processing 1000 times faster, banks could find the cost burden of anti-money laundering rules a whole lot lighter. Alternative data storage platforms are starting to make current systems look cumbersome and slow, not to mention uneconomical.
The winners in the retail banking categories of The Banker's Innovation in Technology and Transaction Banking Awards for 2013.
Sim Tshabalala, the recently appointed co-chief executive of South Africa’s Standard Bank, tells Paul Wallace about his plans to grow in Africa and connect the region to the world’s investors. He also explains why replacing Jacko Maree with joint CEOs was the right decision.
Mauritian banks have navigated the country’s economic slowdown well by growing their local loan books as well as their overseas operations. And the latter have been boosted by Africa’s economic buoyancy, which bankers say Mauritius should exploit to become a hub for investments into the continent.
An economic boom coupled with new technologies is allowing Peruvian banks to tap consumer bases that have long been overlooked in the country. But, as the banking market advances at a breakneck speed, there are vulnerabilities to look out for – not least dollarisation.
Most popular content
Most popular videos
- Interview with Laura Cha, chairman of financial services development council, Hong Kong SAR Government
- Ch 1. The cost of staying ahead: Can banks afford it? - Staying ahead of the game
- Investment Banking Awards 2013 highlights
- Arun Jain, chairman and CEO, Polaris Financial Technology
- Chapter 2 of 4: Digitising Banking; Applying the principle of Big Paper to PPI