CS Event’s 2nd Banking Revolution Summit to focus on the future of the banking technologies
Global banking assets value exceeded US$180 trillion in 2020, double the global gross domestic product (GDP), reflects the industry’s growing significance in global economy
Date: Dubai, UAE, January 5, 2022
News Highlights:
1. In 2020, the assets of banks globally amounted to more than US$180 trillion, up from US$155.4 trillion in 2019.
2. In 2020, the worldwide volume of mobile money transfer grew 15 percent to 41 billion with transaction value jumping 22 percent to US$767 billion while the number of registered mobile money accounts grew 13 percent to 1.2 billion;
3. More than 50 percent population in the Middle East and Africa remains unbanked;
4. In the Middle East, the number of mobile money accounts reached 146 million with transactions value growing 26 percent to US$10.5 billion. The number of registered mobile money accounts grew 9 percent to 56 million.
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