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The new priorities of banks are growth, digitization and innovation

The new priorities of banks are growth, digitization and innovation

85% of the banks say that implementation of a digital transformation program is a business priority for 2018, according to EY Global Banking Outlook 2018.

The banks' decision to invest in technology over the next three years is mainly motivated by their goal of strengthening their competitive position and market share, increasing their ability to attract and retain customers and obtain cost reductions, and an increase in operational efficiency.

 

For complete information, please see the Romanian version of the article, here.

The decision of banks to invest in technology over the next three years is mainly motivated by their goal of strengthening their competitive position and market share, increasing their ability to attract and retain customers and obtain cost reductions, and an increase in operational efficiency.

The decision of banks to invest in technology over the next three years is mainly motivated by their goal of strengthening their competitive position and market share, increasing their ability to attract and retain customers and obtain cost reductions, and an increase in operational efficiency.

Authors

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ERNST & YOUNG SRL