Studie - Retail Banking Competitor Tracker - January 2011

Introduction

Datamonitor's Retail Banking Competitor Tracker is a monthly product providing updates on key events relating to major players in retail banking across the globe. Covering major developments such as M&A activity, market entries and withdrawals, partnerships, product innovation, and customer targeting, the Retail Banking Competitor Tracker provides succinct summaries of key stories.

Features and benefits

* Provides a definitive source of information on all your competitors' key strategies.
* Offers insight into how the competitive landscape is evolving through M&A activities, partnerships and organic growth.
* Detailed insight into new product developments within retail banking

Highlights

Santander relaunches £100 switching offer on its current account
SBI launches a new 'Bank on bike' initiative to serve the unbanked in rural areas
BBVA completes the purchase of Crédit Uruguay Banco

Your key questions answered

* How can I keep up to date on new product developments, mergers and acquisitions, distribution and partnerships?
* Where can I get insight on how the major retail banks are adapting to the ever-changing economic climate?

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

Barclays

UK: Barclays extends 'The Great Escape' package to more borrowers

Bank of Brazil

Brazil: Bank of Brazil rolls out its 'Bonus Mobile' package

Clydesdale and Yorkshire Banks

UK: Clydesdale and Yorkshire Banks launch mortgage offers for Signature customers

Deutsche Bank

US: Deutsche Bank launches a prime services application for iPads and iPhones

First Direct

UK: First Direct launches new iPhone application

ICICI Bank

India: ICICI Bank announces the availability of cash withdrawals at point of sale terminals

Postbank

UK: Postbank incorporates new security measures for its online banking services

Santander

UK: Santander relaunches a switching offer on its current accounts

State Bank of India

India: State Bank of India to avoid higher teaser loan provisioning

India: SBI launches its 'Bank on Bike' initiative

The Co-operative Bank

New Zealand: The Co-operative Bank introduces a capital repayments mortgage scheme

M&A, PARTNERSHIPS, AND ORGANIC GROWTH

BBVA

Latin America: BBVA and the Chinese Development Bank sign a co-operation agreement

Uruguay: BBVA completes the purchase of Crédit Uruguay Banco

Bank of East Asia

Hong Kong: Bank of East Asia opens three 'i-Financial' centers

US: BEA sells Bank of East Asia USA to Industrial and Commercial Bank of China

Bradesco

Brazil: Bradesco acquires shares issued by Companhia Brasileira de Soluções e Serviços

Citigroup

China: Citi opens a new branch in Hangzhou, China, January 2011

Crédit Agricole

Italy: Crédit Agricole acquires a 79.9% stake in Cassa di Risparmio della Spezia

ICICI Bank

India: ICICI Bank and Vodafone Essar sign an agreement for financial inclusion

Millennium bcp

Turkey: Banco Commercial Português completes the sale of a 95% stake in Millennium Bank in Turkey

OP-Pohjola

Scandinavia: OP-Pohjola Group Central Co-operative is divided into two entities

Sberbank

Russia: Western Union signs an agreement with Sberbank

State Bank of India

India: SBI and Bharti Airtel sign a joint venture to offer mobile banking services

APPENDIX

Methodology

Ask the analyst

Datamonitor consulting

Disclaimer

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