Mike Finlay
-
Upload
the-africa-ceo-round-tableconference-on-csr -
Category
Business
-
view
33 -
download
0
description
Transcript of Mike Finlay
Sustainable Banking and Risk Management:
A Global Comparative Analysis
© 2003-2014 RiskBusiness International Limited
Where does Africa rate?• The Economist Business Environment Rankings:
1. Singapore 2. Switzerland 3. Hong Kong 4. Canada 5. Australia 54. South Africa 66. Morocco 67. Tunisia 68. Egypt 75. Algeria 76. Nigeria 77. Kenya 79. Libya 80. Angola
© 2003-2014 RiskBusiness International Limited
Trust in financial services
© 2003-2014 RiskBusiness International Limited
Trust based on evolutionary state
© 2003-2014 RiskBusiness International Limited
Why banks are not trusted
© 2003-2014 RiskBusiness International Limited
Conduct, ethics and culture
© 2003-2014 RiskBusiness International Limited
Issues in “banking for the unbanked”
• M-Pesa• Stokvels• Developed market fund repatriation versus AML
and “blacklists”• Micro-banks• IFI/MDB projects and initiatives• ROI 2013 Study:
- 253 million unique subscribers- Represents 31% of total African population- 18% growth 2008 to 2013- Projection of 37% by 2017
© 2003-2014 RiskBusiness International Limited
What does “sustainability” mean?
• Internal “green” operations?• Project financing and development funding which
is both ethical and “green” in terms of environmental footprint?
• Banks playing a vital role in local economies, providing employment and facilitating commercial transactions?
• The role of banks as financial intermediaries, empowering the individual to make life-altering choices, providing the mechanism for individual and consequently local development?
© 2003-2014 RiskBusiness International Limited
Sustainable service
Produ
ctPrice
Promotion
Place
Trust
Reputation Image
SustainabilityService
© 2003-2014 RiskBusiness International Limited
Questions and Comments
• Contact Details:• Mike Finlay, Chief Executive, RiskBusiness
Telephone : +44 7721 969 224 E-mail : [email protected] URL : www.riskbusiness.com and www.KRIeX.org