Foremost lender,
It said it has spent over
Its Chief Executive Officer, Lamin Manjiang, who spoke at the unveiling of the bank's first digital bank in the country, tagged: Capturing the Digital the Initiative (CDI), said though the lender doesn't announce the breakdown of individual investments, over $3bilion has so far been spent between the last three and five years.'It is really about making easy, convenient and secure for our clients and we think we are spending what we need to spend to achieve this,' he said.
He said
According to him, the country is the bank's biggest territory in terms of revenue and profit.
He also unveiled
He said the digital platform will enable the bank to play in the retail area and will give it competitive advantage in the country.
'
According to him, the country's banking market is developed with FinTechs, banks as well as telcos playing active roles in the digital banking ecosystem.
He said: 'USSD has pushed the envelope of mobile payments in the past 24 months and there would be more disruption in the financial space in the future.
A digital approach made sense for
He said
This strategy, he said is about empowering the customer to bank on their terms any time any where.
© Pakistan Press International, source