6 ways to transform Agency banking into a low-touch channel in the times of COVID-19

 COVID-19 pandemic has caused havoc to our professional and social life. This contagious disease has forced us to take unprecedented actions which have caused massive losses to almost every business sector.




The banking sector is also not spared from its wrath. The reports show that the overall losses in the banking sector can exceed that of the 2008 global financial crisis by about 60%.

It’s quite obvious that with such massive impact would easily trickle down to agency banking as well. Agency banking which is viewed as a bullet-proof method of financial inclusion in many developing nations is also facing the adverse effect of the pandemic.


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