The new
Direct Banking unit will have around one million retail clients, 60,000 commercial clients and more than 500 employees.
It said the directing banking supervision stopped on May 13 after the bailout, in the framework of which Rosinbank did capitalization ensuring the bank's compliance with economic standards and mandatory reserve requirements, the violation of which was the reason to introduce
direct banking supervision.
And the regulators will also experiment with issuing more
direct banking licenses."
"At Emirates Islamic, 'Customer first' is one of our leading brand values, and this is reflected in the improved phone banking menu and the new Bill Payment campaign from our
Direct Banking division," said Faisal Aqil, Deputy CEO - Consumer Wealth Management at Emirates Islamic.
In the entire European Union, almost 30% of the private clients already use
direct banking. This share is by 10 percentage points lower in the new EU members, a spokesman told Austrian APA news agencies.
As more banks across the globe realign their business strategy towards low cost customer acquisition, FinacleT
Direct Banking Solution along with surround services presents banks a cost-effective entry strategy for business expansion into new geographies, and network expansion in existing markets.
Direct Banking, which started in 1994, today has more than one million customers.
A
direct banking and payment services company, Discover Financial operates in the US and issues the Discover card, a cash rewards pioneer and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its
direct banking business.
India-based private sector bank Yes Bank (YESBANK.NS) has announced that it has named a president for
Direct Banking.
A
direct banking and payment services company, Discover Financial is one of the largest card issuers in the US and also offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its
direct banking business.
Callatay & Wouters developed Thaler Direct Savings Bank as a result of its work with Rabobank International
Direct Banking (IDB), the internet retail banking division of the Dutch Rabobank Group.