Moving Towards Savings and Lessons From the IPO Story Part 4

• by Carlos Danel
• May 23, 2010
• 1 min

In this video series-4, Carlos Danel, Founder and Co-CEO of Compartamos Bank Mexico discusses the savings strategy of Compartamos and the lessons learnt from the IPO story. For savings, he says traditional model of brick and mortar branch didn’t work for the bank. So the bank focused on technology especially mobile banking to take advantage […]

In this video series-4, Carlos Danel, Founder and Co-CEO of Compartamos Bank Mexico discusses the savings strategy of Compartamos and the lessons learnt from the IPO story. For savings, he says traditional model of brick and mortar branch didn’t work for the bank. So the bank focused on technology especially mobile banking to take advantage of the retail space. Still there are challenges ahead on road to branchless banking that the bank is working on not only on technology front but on regulatory front as well, adds Carlos.