retail Archives - Page 4 of 4 - International Finance

Materialising the concept of ‘Insurance for Everyone’

International Finance DeskFebruary 15, 2016

by International Finance DeskFebruary 15, 2016

The insurance penetration in Bangladesh is less than 1%, which shows the current scenario of the market February 15, 2016: The insurance industry in Bangladesh is considered to be an untapped sector. It has one of the lowest insurance penetrations in the world (around 1%). While some choose to be pessimistic about it, insurance experts...

Finance Wealth Management

Investors look beyond their own home to boost exposure to UK property

International Finance DeskNovember 17, 2015

by International Finance DeskNovember 17, 2015

Long term growth main factor behind the move November 17, 2015: Almost half (44%) of retail investors want to enhance their exposure to the UK property market by other means than owning their home, according to a new study by peer to peer lending platform, Crowdstacker. The biggest factors driving investor demand are the long...

Fintech

IT, mobile to drive growth in retail

International Finance DeskMay 26, 2015

by International Finance DeskMay 26, 2015

For retailers, factors like reduced time to market, less inaccuracies, no manual latency will be the differentiators Suparna Goswami Bhattacharya May 26, 2015: A couple of months ago, Tesco hit the headlines when it opened the world’s first virtual supermarket store in South Korea’s Seoul subway station. The pillars and platform screen doors of the...

Banking

Bank Rakyat starts 2015 with new corporate office

International Finance DeskMarch 13, 2015

by International Finance DeskMarch 13, 2015

It embodies the bank’s commitment to deliver nothing but the best to its 5 million customers and 950,000 members March 13, 2015: Bank Rakyat started 2015 by launching Menara Kembar Bank Rakyat, its new corporate office located along Jalan Travers, on the fringes of KL Sentral. Operating in a very conducive and modern environment, it...

Banking

Sacombank is reaping the benefits of its customer centric model

International Finance DeskMarch 2, 2015

by International Finance DeskMarch 2, 2015

Its successful retail strategy is based on human resources, technology, financial capability and branch network March 2, 2015: Even since it was established 23 years ago, Retail Banking Strategy has been the key for Sacombank. It adopted a “Customer Centric Model” very early in order to achieve excellence in customer service as the main differentiating...

Banking

ANZ gearing to tap growing potential in Vietnam

International Finance DeskFebruary 11, 2015

by International Finance DeskFebruary 11, 2015

The formation of a consuming middle-class is occurring at a faster pace in Vietnam than in any other emerging Asian economy, including China, India and Indonesia February 11, 2015: Commencing operations in Vietnam in 1993, ANZ was one of the first foreign banks to open representative offices in major cities, including Hanoi (1993), Ho Chi...

Banking

Gulf Bank Wins ‘Best Retail Bank in Kuwait’ Award from IFM

International Finance DeskFebruary 3, 2015

by International Finance DeskFebruary 3, 2015

The award highlights the bank’s strategy and commitment to offering its customers the best possible services within a safe and secure framework February 3, 2015: Gulf Bank has announced that it has received the ‘Best Retail Bank in Kuwait’ award from International Finance Magazine, one of the world’s leading financial publications with a readership in...

Banking

Odeabank: From the 49th place to 13th in 15 years

International Finance DeskDecember 22, 2014

by International Finance DeskDecember 22, 2014

The total loan book reached Turkish Lira 14.3 billion, total asset size TL 20.3 billion whereas customer deposits reached TL 16.8 billion by the end of the first half of 2014 December 22, 2014: Odeabank made a powerful entry into the sector by obtaining a banking licence for the first time in 15 years in...