imported 2024-03-17 17:43:08
“When we started, within a year the NPL rate went down from 18% to about 14%. Then it went down to about 9% but these days it is going back up again,” notes George Ahiafor, CEO of XDSData.
“I believe we have a very large bouquet of suites and systems and products and services at GhIPSS. What we have left to do now is to increase adoption,” says Archie Hesse, the CEO of GhIPSS (Ghana Interbank Payment and Settlement Systems).
GhIPSS was set up in 2007 with a mandate to implement and manage interoperable payment system infrastructure for banks and non-bank financial institutions in Ghana.
Universal Merchant Bank believes that Ghana’s energy problem is an opportunity to provide products aimed at addressing how the energy crisis affects the every day Ghanaian.
XDSData, the country’s credit reference bureau, wants to sanitise and grow the financial sector in Ghana.
GhIPSS was set up with a mandate to implement and manage interoperable payment system infrastructure for banks and non-bank financial institutions in Ghana.
Egypt’s financial services sector is one of the oldest and best established in the Middle East. Egypt’s top financial institutions are also one of the best developed in the region. The key representatives of the top financial institutions in Egypt include Egypt’s financial authority EFSA (Egyptian Financial Supervisory Authority) and the EGX.
Yasser Abu Ateek, CEO of Dar Al Tamleek talks about outlook for the mortgage market in Saudi Arabia.
What is interesting about doing business in Saudi Arabia is the continuous growth pattern in the economy; that’s what makes it interesting, not only in the short-term, but in the long-term. Saudi Arabia’s economic growth is driven by its demographics: we are a young and growing population, a big and spacious country (around the size of Western Europe), and relatively undeveloped in many infrastructure areas.
I think Malaysia has a lot of advantages; in addition to the standard banking opportunities here, Malaysia is a center for Islamic banking, and has some of the world’s biggest Islamic banks centered here who are also lending and supported the economy in terms of SME financing, and corporate and investment banking initiatives.
