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The Future Of Banking: Amid Brisk Evolution, Banks Will Endure Disruption
By Alessandro Magnoli Bocchi, Fawaz Sulaiman Al Mughrabi and Karmen Meneses
29 July 2021
In this paper we discuss:
- The Past (1980-2008): Globalization, Deregulation, And Technology Reshaped Traditional Banking
- The Post-GFC Period (2009-Present): Banks Hits By Slow Growth, Low Income And Tighter Regulations
- The Future: The COVID-19 Pandemic Is Accelerating The Adoption Of Online Transactions
- EM’s Changing Environment: Digitalization And Consolidation Via M&As
- Conclusion: Banks Need To Embrace Global Trends And Focus On ‘Consumer-Centricity’
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