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Management Articles

Our investment in digital assets such as Alfa Mobile Banking & CDM Network has resulted in increase of transactions and usage. Over the past year, the adoption of our mobile banking app (Alfa) has skyrocketed i.e. 28 MN financial transactions in 2022 vs 8 MN financial transactions in 2020 (250% increase), reflecting the evolving preferences of our tech-savvy customers.

Alfa app is the epicenter of convenience for our customers. It offers a wide array of services, ranging from account opening to bill payments/transfers to investments, digital lending, cashless QR payments and even Buy Now Pay Later facility. This one-stop digital platform simplifies financial transactions, making it easier and faster for customers to manage their finances, ultimately saving them valuable time and effort, with reward points (Orbits) earned on a variety of transactions.

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