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Even before the spread of the virus, some African banks were already facing a negative outlook, due in part to global economic difficulties. Corporate Banks in sub-Saharan Africa now face a new, unfolding environment. An environment where clarity around working capital has become essential to economic restoration especially in some of the largest and fastest growing economies in the region – South Africa, Nigeria, Ethiopia and Angola.
Corporates and their banking partners are at the heart of this recovery.
And while some African countries are better poised for resilience, this has placed a greater impetus on African banks to re-think their capabilities in order to meet their clients’ new, evolving pain points. This, in turn, has exposed critical gaps in banking capabilities – the first of which is a glaring need to ramp up digital capabilities.
Join Oracle Financial Services and other industry leaders, in the second webinar of our Capital Clarity Series, designed to arm banks with the capabilities to meet their clients’ growing pain points.
In this webinar, the panel:
- Decipher the impact on both African banks and supply chains
- Address expectations and preparations for recovery
- Examine critical actions that African banks and their Corporate customers need to take
- Examine new digital capabilities to drive agility and dynamic insights for better working capital clarity