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What Is Happening In The Banking Industry

In 2020 we will see the beginning of the end of car ownership. Half of the bank executives surveyed 50 cited growing deposits as their biggest concern followed by the interest rate environment 41 cybersecurity 34 cost of funds 29 weak economyloan demand 25 new customermembership growth 24 and the regulatory burden. Mckinsey S Global Banking Annual Review Mckinsey Like most other industries the banking industry has seen its fair share of fluctuations in recent years. What is happening in the banking industry . Currency printing is Finance Ministrys responsibility says Owoh. Digital solutions low-cost operating models and supply-chain integration have moved to the top of the business agenda with non-traditional players pursuing various aspects of these trends enabling them to provide their customers with in-house banking solutions. CBN Godwin Owoh a professor of applied economics and expert in central banking in an interview with GEOFF IYATSE speaks on the economic distortion caused