'Our strategy is to ensure the coming back of failing micro-finance banks, remember, financial and non-financial service
delivery is our mandate,' he said.
Yet, when it comes to FinTech, most non-financial service
businesses see them as a means to make their payments and a few other financial processes a little more efficient, at best helping them to expand their reach to new geographies and demographic segment by partnering with more nimble FinTech companies.
It has broadened its platform to welcome local and international non-financial service
"Now, more than ever, we will continue to support the development of a world-class financial and non-financial service
industry and broaden our platform to cater to the needs of the country and reaffirm our economic attractiveness as a nation." He continued: "On behalf of everyone at the QFC, I would like to thank the IFM award committee for their vote of confidence in our management, professionalism, and accomplishments.
Within the figures, non-financial service
sector companies' profitability shot up to 17.0 per cent from 15.3 per cent.
"Over the last year we have grown considerably and in response to the needs of the national economy have broadened our platform to welcome local and international non-financial service
Al Ghaith mentioned that KFH is currently working on completing the development of the services of its banking system, especially the non-financial services
provided via ATM, and more of these advanced services will be announced in the coming period.
"To date, the programme provided funding of about EGP 40m pounds for 35 women through the offices of the SMEDA, in addition to providing a package of non-financial services
for 25 clients," she assured.
Abdulkarim Bucheery, BBK's Chief Executive said, "We welcome Batelco to BBK's Financial Malls and we are very excited to cater to our valued customers by providing a comprehensive range of financial and non-financial services
all under-one-roof, which is the main purpose behind BBK's Financial Malls."