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10 paź 2024 · 1. A turning point. The outlook, however, for global retail banking is more muted than its recent performance would suggest. External forces are combining to pressure the sector in the key economic metrics of asset growth, margins, and operational and risk costs.
1 dzień temu · Retail banking refers to the services provided by banks to individual customers, including savings and current accounts, loans, mortgages, and credit cards. Retail banks offer a wide range of services, including online and mobile banking, financial planning, and investment products. Retail banking plays a crucial role in the economy by ...
18 lut 2019 · Retail banks that capitalize on current shifts in the market will emerge with a winning position in their core markets and begin to compete across borders. This article is an edited extract from the full report, Rewriting the rules: Succeeding in the new retail banking landscape (PDF–680KB).
Our report and its supporting annexes explore changes in retail bank profitability and the drivers of those changes. We also provide a detailed analysis of different products within the retail banking business model, namely Personal Current Accounts (PCAs), Mortgages, Consumer Credit and SME products.
Though deliberately exaggerated, all five scenarios represent an urgent call to action for retail banks and point specifically to three priority areas where banks should act immediately and proactively to adapt: tech-powered transformation, data-enabled customer focus and broad-based trust.
11 cze 2020 · Retail banks, like most companies, face an urgent imperative to reimagine themselves, with COVID-19 accelerating consumer behavior shifts and causing significant earnings challenges given the tough macroeconomic context and extensive risk of financial distress for both consumers and businesses.
