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Banking sector: UEMOA's managerial capacities strengthened on the challenges of digitalization

26/05/2021
Categories: Sectors

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On the occasion of the official launch of the 2021 Certification Courses for banks and executives in the banking and financial sectors, it was decided to focus on the new strategic challenges linked to changes in the banking and financial system.Transformation technology gives populations access to financial services that are better suited to their needs and above all less expensive. This is why specialists and players in the banking and financial sector have deepened their discussions on these issues, in order to fully measure the digital transformation that the banking and financial sector is going through, but also to reflect on the issues and make recommendations for go forward.

Bceao Governor Mr. Koné was delighted with the approval granted in 2019 to the first 100% digital bank. An establishment which, according to him, makes available to its customers, via mobile telephony, payment and savings services, as well as consumer loans and mortgages.

According to the head of the Bceao, the Union's banking system is called upon to develop partnerships with FinTech companies, while ensuring consumer protection, service quality and transaction security.

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