Banking Sector Urged To Go Digital To Build Resilience And Sustainable Growth Post COVID-19
By Elite Reporter
Bankers
from Sub Saharan Africa and China who attended the Huawei Sub-Saharan Africa
Financial Services Industry Online Summit 2020, agree that digitisation of the
sector will give it resilience against the current Covid-19 pandemic and enable
sustained growth in the post Covid era.
The
pan-African conference themed “Accelerating Digital Transformation, Enable
Business Growth Again” was attended by 1200 delegates from across banks, telco
operators, fintech and ICT services companies.
Opening
the event, Liao Yong, vice president of Huawei Southern Africa Region, said
advances in ICT present unique opportunities for the banking sector, especially
when almost 70% of the region’s population don’t have a bank account.
“All
of these ICT advances will...
