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Retail Banking Competitor Tracker - April 2010
OVERVIEW
Catalyst
Summary
Methodology
INTRODUCTION
This tracker provides both one-month and 12-month views of developments
Each month Datamonitor tracks the most relevant announcements from 100 competitors
Datamonitor’s Retail Banking Team provides analysis of the key developments at both the one-month and 12-month level
A fully searchable database of the past two years of developments is also delivered alongside the report
PRODUCTS, SERVICES AND INNOVATION
Abbey
UK: Abbey launches a new Key Account tracker mortgage
UK: Abbey launches a new feeless tracker mortgage
Banco Sabadell
Spain: Banco Sabadell launches mobile banking
Bank of Scotland
UK: Bank of Scotland provides tax help to buyers of mortgage products
Banco Bilbao Vizcaya Argentaria
Spain: Banco Bilbao Vizcaya Argentaria offers television to direct payroll deposit customers
Citibank
Taiwan: Citibank launches a financial management website
Co-operative Bank
UK: Co-operative Bank launches new mortgage products
Commonwealth Bank of Australia
Australia: Commonwealth Bank launches Coinland
Australia: Commonwealth Bank launches iPhone banking
Credit Agricole
France: Sofinco and Finaref to merge
Northern Rock
UK: Northern Rock launches a new website
Standard Bank
South Africa: Standard Bank introduces a person-to-person money transfer system
State Bank of India
India: SBI launches a new service, SMS Unhappy
India: SBI goes green
Yapi Kredi
Turkey: Yapi Kredi announces benefits to individual customers and small and medium enterprises
M&A, PARTNERSHIPS AND ORGANIC GROWTH
ABN Amro
The Netherlands: legal separation of ABN Amro and Royal Bank of Scotland completes
Australia and New Zealand Bank
Australia: Philippines to have Australia and New Zealand Bank's new operational hub
Australia: ANZ acquires RBS Taiwan
China: China Banking Authority gives preparatory approval to ANZ
Banca Monte dei Paschi
Italy: Banca Monte dei Paschi and Banca Personale sign deed of merger
Bank of Brazil
Brazil: Bank of Brazil to acquire control of Bank of Patagonia
Brazil: Bank of Brazil to acquire shares of Grupo Santander in Spain
Banco Commercial Portuguese
US: Banco Commercial Portuguese to sell its American business
Citibank
China: Citibank opens another training center in China
Japan: Citibank Japan to open two new branches in Tokyo
Korea: Citibank enters into a partnership with National YWCA
Malaysia: Citibank opens four branches in Malaysia
Russia: Citibank to outsource ATMs from Diebold
Sweden: Citibank to sell its consumer finance business
Commerzbank
Germany: Commerzbank to sell its loan savings and financing arm to Wüstenrot
Deutsche Bank
Saudi Arabia: Deutsche Bank opens Sharia-compliant home finance company
First National Bank
South Africa: First National Bank to close various outlets
South Africa: FNB to increase banking hours to sell FIFA world cup tickets
Industrial and Commercial Bank of China
China: Industrial and Commercial Bank of China Limited acquires 97.24% shareholding in ACL Bank
Raiffeisen Zentralbank Österreich
Austria: Raiffeisen Zentralbank Österreich and Raiffeisen International decide on the details of merger
Sumitomo Mitsui Banking Corporation
Japan: Sumitomo Mitsui Banking Corporation, Promise and At-Loan modify their strategic alliance
South Africa: SMBC and Absa Bank enter into an alliance
Standard Bank of South Africa
South Africa: Standard Bank and China UnionPay enter a strategic partnership
State Bank of India
India: State Bank of India plans to start operations in Doha and Jeddah
India: Reserve Bank of India modifies the scheme for the acquisition of State Bank of Indore by SBI
India: SBI to hire more bank correspondents
Swedbank
Sweden: Swedbank to leave the state guarantee program
Sweden: Swedbank to create a Group Business Support sector
Yorkshire Building Society
UK: Yorkshire and Chelsea building societies merge
APPENDIX
Methodology
Further reading
Ask the analyst
Datamonitor consulting
Disclaimer
TABLES
Table: The 100 companies and subsidiaries covered by Datamonitor’s Retail Banking Competitor Tracker
Brief
Published by
Datamonitor
Published on
08 Jun 2010
Product code
BFFS0773
Pages
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