Ntare Financial surveyed 2,101 Africans in the diaspora across the UAE, North America, and Europe. Results showed 76.2% have bank accounts, yet over half are dissatisfied with service and access. Few invest remittances in structured products. They seek mobile-friendly services, retirement options, real estate investments, and respectful, transparent customer care.
Powering the East African Diaspora through tailored banking solutions facilitates financial access and growth for expatriates. By addressing unique needs, including remittances, investment opportunities, and savings options, these solutions empower individuals to thrive, while fostering economic development and stability within their communities back home, ultimately contributing to regional prosperity.
Read MoreThe Agency Banking Program by NC&F aims to provide convenient banking services to customers in remote and underserved areas through a network of authorized agents. By leveraging these local agents, NC&F extends its reach beyond traditional bank branches, allowing customers to deposit, withdraw, and transfer funds easily. With a focus on financial inclusion, this program helps bridge the gap between the banked and unbanked population. Through stringent agent selection and training processes, NC&F ensures that customers receive reliable and secure banking services at their doorstep. By expanding access to financial services, NC&F's Agency Banking Program plays a crucial role in promoting economic development and empowerment in communities across the region.
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