Numbers

I love talking to Chinese and Indian banks, just by the sheer drama of hearing their numbers. For example, I talked with State Bank of India this week.  They have: 150 million customers 11 million High Net Worth customers who earn >US$10,000 per month Increased their ATM network from 12,000 to 20,000 units over the…

I sometimes get unusual things in the email – no comments thanks – such as the full post-conference write up of a cards and commercial payments conference in the USA last month. Here’s a few quotes and notes that caught my attention … Marcie Verdin, Group Head of Large Market Segment, Global Commercial Products (why…

Back in 2004, I asked a group of bankers when mobile would take off in banking. They all said: “not in our lifetimes”. In 2007, Bank of America launched their mobile banking applications and has seen a rapid uptake of users. In less than a year, they reached a million customers on mobile, and saw…

Earlier this year we surveyed the Financial Services Club members and readers of the Finanser for their views on social networking and social media in banking. In February, we published the initial results as a qualitative report and now we have crunched the numbers to produce the quantitative report. There were 444 respondents to the…

First Direct has: 3,200 staff 1.16 million customers 85%+ of customer contact is electronic 44% of sales are via e-channels 890,000 Internet Banking customers 370,000 SMS message banking customers 2.6 million text messages are sent to customers every month 157,760 telephone calls are handled each week eBank Japan has: 2.8 million accounts 195 staff All…