EXUS Collections & Recovery Blog

Chris Maranis

Recent Posts

Challenge or opportunity? North Africa and the unbanked

Posted by Chris Maranis on Tue, Aug 27, 2019 @ 01:02 PM

Though the region is evolving, North African banks are still working to provide a secure and viable path to financial inclusion for all. 

Banking the unbanked across North Africa has long been a fruitful opportunity. It is also, however, a lengthy game to play, as banks slowly develop and integrate products that attempt to capture the interest of those who either don’t have the access to financial services or simply don’t trust them.


NPLs in China: How is the government tackling bad debt?

Posted by Chris Maranis on Thu, Jul 11, 2019 @ 12:31 PM

China boasts perhaps one of the most interesting (and certainly one of the largest) economies on the planet. The world’s largest exporter has maintained steady growth over the last 25 years, and whilst that economy might have slowed recently (due in no small part to an escalating trade war with the United States), by-and-large, China’s economy is still in a healthy place. 

Indeed, economists are predicting a growth of 6.3% throughout 2019. However, whilst still growth, it is the weakest seen on record since 1990. Analysts predict a further loss of momentum until policy support steps start to kick in.


EXUS Insights: Non-Performing Loans in India

Posted by Chris Maranis on Wed, Jun 06, 2018 @ 02:18 PM

The story

Non-performing loans are a huge problem across the Indian subcontinent, impacting the capital adequacy of developing economies in Bangladesh, India and Pakistan.

These unrecovered loans have created overhanging debt and concerns around the banking sector’s credit quality - and that’s become a major drag factor on economic growth and investment from abroad.


EXUS Insights: Is it time for a global financial makeover?

Posted by Chris Maranis on Fri, May 18, 2018 @ 03:54 PM

Does ethical banking really exist?

It’s certainly one of the ambitions of United Nations member states, who came together in 2015 to thrash out a set of 17 Sustainable Development Goals (SDGs), spanning numerous aspects of the world economy.

A number of financial institutions have publicly declared their actions and intentions in support of the SDGs. Bank of America is committing $50m to ‘activities that advance the low-carbon economy’ and Citigroup has produced an entire report that maps the CDGs to Citi initiatives. DBS, Rabobank and Credit Suisse are just three of the other global giants that have pledged to support these goals, setting out very clearly which of the 17 are their areas of focus, and how they plan on creating real, measurable change.


The Top 6 Obstacles to Effective Personnel Management

Posted by Chris Maranis on Tue, May 15, 2018 @ 12:15 PM

The old adage goes that the most valuable asset in your business are the people - your staff. This is true from the most senior executives to people on the ground floor.

As Richard Branson, CEO of Virgin, said: “My philosophy has always been, if you can put staff first, your customer second and shareholders third, effectively, in the end, the shareholders do well, the customers do better, and you yourself are happy.” It makes sense to keep employees happy, too.


Open banking regulations: What do big banks need to do to disrupt the disruptors?

Posted by Chris Maranis on Thu, Mar 22, 2018 @ 11:33 AM

Disruption is a buzzword in business right now.

Old models are crumbling while new models, powered by emergent technology, are replacing them. Uber, Airbnb, Deliveroo – each provides a recognisable service in a new way. Financial Services are not immune.

The UK’s Open Banking legislation came into force on January 13, 2018. This was the second phase of a ‘managed roll out’ which aims to facilitate innovation, competition and efficiency in banking. Open Banking puts everything up for grabs - including savings and transactional accounts, mortgages, personal loans, debt collection, debit cards, and credit cards.


5 key insights from the Gartner/EXUS webinar on loan collections

Posted by Chris Maranis on Wed, Jan 31, 2018 @ 02:45 PM

We found Gartner’s Technology Adoption and Investment report - the first ever global technology analysis of loan collections systems by an industry analyst firm - exciting for several reasons.

Having EXUS's financial Suite recognised as the “Best-In-Class” debt collections software in the world was a tremendous honour, of course. Plaudits aside, however, the report confirmed many of the trends we’ve been emphasising for a while.

Overall, it illustrated just how much the mindset around loan collections is changing within major banks.