Personalization scores with HNWI & YP
Banking Frontiers|September 2024
Ghulam Haidar Rasooli, Chief Financial Officer at Afghanistan based Ghazanfar Bank, reveals the impact of personalization and future roadmap:
smriti
Personalization scores with HNWI & YP

Smriti Pandey: In today’s scenario, how does the return on investment (ROI) on personalization compare with the cost of personalization at Ghazanfar Bank: 1. ROI rising faster than cost 2. ROI rising slower than cost 3. ROI and cost rising equally.

Ghulam Haidar Rasooli: At Ghazanfar Bank, the return on investment (ROI) on personalization is rising faster than the cost. As we continue to invest in personalized banking services and products, we are observing a stronger connection with our customers, leading to higher retention rates, increased cross-selling opportunities, and enhanced customer satisfaction. These outcomes have contributed significantly to our ROI, outpacing the incremental costs associated with developing and implementing personalization strategies. Our commitment to leveraging data analytics, customer feedback, and market insights has enabled us to fine-tune our offerings and deliver tailored experiences that resonate with our diverse customer base, particularly in the dynamic Afghan market. This focus on personalization is proving to be a key driver of our financial performance, justifying the investment as ROI continues to outstrip costs.

Give one or two examples of intelligent personalization that your organization has done recently.

At Ghazanfar Bank, we have recently implemented several intelligent personalization initiatives aimed at enhancing customer experience and engagement.

この記事は Banking Frontiers の September 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Banking Frontiers の September 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

BANKING FRONTIERSのその他の記事すべて表示
Swedbank leverages data to the hilt
Banking Frontiers

Swedbank leverages data to the hilt

Sweden's Swedbank takes innovation to a different level by collaborating with other competing banks:

time-read
3 分  |
September 2024
Digitization is for customer satisfaction, says Argenta Bank
Banking Frontiers

Digitization is for customer satisfaction, says Argenta Bank

Belgium's Argenta Bank has designed its digitization efforts to enhance customer experience:

time-read
3 分  |
September 2024
Speed, Safety, Compliance
Banking Frontiers

Speed, Safety, Compliance

Brijesh Samantaray, Co-founder, Propelld shares the current trends in the education loans how the company is leveraging technology:

time-read
3 分  |
September 2024
Unique methods in fraud perpetration
Banking Frontiers

Unique methods in fraud perpetration

When we look at some of the very serious frauds that had taken place in the financial realm, it is evident that the perpetrators are somewhat ingenious:

time-read
6 分  |
September 2024
NBFCs: Elevating Organizational IQ
Banking Frontiers

NBFCs: Elevating Organizational IQ

What is more important than hiring smart people is raising organizational IQ. This topic was discussed in depth in a panel discussion at NBFC's Tomorrow conclave organized by Banking Frontiers. Edited excerpts:

time-read
9 分  |
September 2024
Trustful Transformation
Banking Frontiers

Trustful Transformation

Transformation is no longer only about growth & efficiency. It involves aspects like compliance, security and explainability that are impacting NBFCs. These issues are explored in this panel at NBFC's Tomorrow:

time-read
6 分  |
September 2024
CEO Panel: Connecting Traditional Wisdom with Modern Intelligence
Banking Frontiers

CEO Panel: Connecting Traditional Wisdom with Modern Intelligence

Banking Frontiers organized its annual NBFC Conclave titled NBFC's Tomorrow in August 2024 at Mumbai. Highlights of the first panel discussion:

time-read
10+ 分  |
September 2024
NBFCs EXPERIENTIAL EVOLUTION, TRUSTWORTHY TRANSFORMATION
Banking Frontiers

NBFCs EXPERIENTIAL EVOLUTION, TRUSTWORTHY TRANSFORMATION

Banking Frontiers organized NBFC's Tomorrow, its annual NBFC Conclave, in Mumbai on August 21. The program comprised panel discussions on 5 upcoming opportunities for the NBFC sector, along with presentations, fireside chats and a keynote address. Edited excerpts from the conclave:

time-read
3 分  |
September 2024
Smart ATMs - an indication of a resurgence
Banking Frontiers

Smart ATMs - an indication of a resurgence

Smart ATMs can be the future way of how one may be interacting with a bank and doing transactions:

time-read
3 分  |
September 2024
Personalization scores with HNWI & YP
Banking Frontiers

Personalization scores with HNWI & YP

Ghulam Haidar Rasooli, Chief Financial Officer at Afghanistan based Ghazanfar Bank, reveals the impact of personalization and future roadmap:

time-read
6 分  |
September 2024