Economies dependent on oil exports have been devastated by the sharp drop in oil prices, including Africa’s second-largest oil exporter, Angola. Despite the gloom, Banco Angolano de Investimentos, the country’s largest private bank, has swum against the down currents of its banking peers by delivering net income growth and successfully exploiting numerous rewarding market opportunities.
Mauritania, a West African primarily Islamic country, has been served by BMCI, a bank with strong international connections that has grown alongside its determination to allow its customers’ needs to dictate its direction, for just over 40 years. BMCI has become the preferred financial partner of thousands of Mauritanians, propelling it to the top of its industry.
Gulf Bank has served customers in Kuwait, which is as rich in cultural heritage as it is in natural resources, for nearly 60 years. During that time, it has evolved with changing demands, and Laila Al-Qatami, head of corporate communications, explains how the bank is still progressively transforming its business model to adapt to rising challenges such as technological innovation and gender parity.
Union Bank of the Philippines is committed to “Make Da Diff” for its customers, and nowhere is the bank’s commitment to fulfilling this motto more evident than in its resolve to foster digital innovation throughout all of its operations. By defining financial technology in its region, UnionBank has taken the lead in meeting the ever-evolving digital needs and expectations of its rapidly expanding customer base.
UnionBank is reaping the rewards of its pioneering vision and taking on a dominant role in its own territory. President and COO Edwin Bautista has been a main instigator of the bank’s forward thrust, which encompasses a plan to maximize customer satisfaction while ensuring that each and every employee successfully completes the bank’s digital journey.
Today International Banker is joined by Ricardo Cuesta, CEO of Produbanco, to discuss the bank’s continued strong year-end performance and commitment to innovation in retail banking.
Ecuador’s economy has been in recession for more than a year, but banking leader Produbanco has not receded with it. In fact, the bank has consistently proceeded by staying focused on its strategic plan, and it is set to advance further as economic conditions improve for the Latin American country.
Within Jamaica’s at times sluggish economic climate, Victoria Mutual Building Society has proved to be an invaluable engine for improvement and growth for more than a century. By concentrating on building up communities and the financial independence of its Members, VMBS has innovatively transformed the spheres within which it operates.
Costa Rica is renowned for its low poverty rate, and its successful private banks such as BAC San José have a gone a long way to promote prosperity by providing exceptional customer-responsive retail and commercial products and services. The bank’s diverse customer base is guaranteed to thrive alongside BAC in any economic climate.
Banco de Crédito del Perú (BCP) is Peru’s largest bank, having built on decades of top-notch customer-oriented service. Operating in a relatively favourable Latin American economy, BCP provides a wide range of financial products and services to a varied group of loyal customers, who appreciate the bank’s aptitude for adapting to fulfil their needs.
