ICTs use in banking can increase financial inclusion

Luanda – The use of Information and Communication Technology (ICTs) in the national banking financial system will help accelerate the process of financial inclusion, which currently accounts for 36% of the population (30 million inhabitants), said the deputy governor of the National Bank of Angola (BNA), Rui MinguA�ns.

According to the official, who was speaking to the press at the third Annual Cycle of Lectures on “Information Technologies for the Angolan Financial System”, financial inclusion is one of the major challenges of the national financial system, since it is an important instrument in the fight against poverty.”

Information technology is evolving in a significant way, so that new financial and technological companies are in a moment of integration of their functions with regard to the payment services, where the interaction of the new technologies with the financial sector, “he explained.

In his speech, Rui MinguA�ns also spoke about the dependence of the sector on external consultants in information technology services for the national financial system.

According to the manager, the vision and intention of the Central Bank is to work with the sector to reduce external consultancy in the field of ICT, with the incorporation of Angolan experts, hence the need for more awareness and publication of national information technology services.

Source: Angola Press News Agency