APAC-BFSI-Outlook-2017

IS RETAIL BANKING PASSÉ?

KEY TAKEAWAYS

THE PRESSURE ON RETAIL BANK BRANCHES REFLECTS THE WIDER PRESSURES BEING EXERTED ON THE RETAIL INDUSTRY

URBANIZATION AND POPULATION GROWTH WILL DRIVE BRANCH NETWORK EXPANSION IN EMERGING MARKETS

NEW BRANCH FORMATS WILL EMBRACE THE DIGITAL ERA; BLENDING ONLINE AND REAL-WORLD EXPERIENCES ACROSS THE NETWORK

BANKS WILL NEED TO UNDERTAKE A GREATER DEGREE OF PLANNING TO IDENTIFY OPTIMUM BRANCH TYPE , LOCATION , AND ULTIMATELY CONFIGURATION OF THE ENTIRE NETWORK

TRANSFORMATION TO A FULLY DIGITAL BRANCH TYPE COULD REALIZE SAVINGS ON LEASING COSTS , BUT INCUR GREATER FIT-OUT CAPITAL EXPENDITURE ON IT AND (CYBER) SECURITY

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