Date post: | 22-Nov-2014 |
Category: |
Economy & Finance |
Upload: | mbank |
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Michał PanowiczmBank | Managing Director | Products, Marketing & Digital
Poland’s banking: from nothing to
innovation
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How to get?...
…To there?…From here?... 25YEARS
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2 retail banks400 branches / 1 per 96k people0 (zero) cards0 (zero) ATMs~100% cash585% inflation0 (zero) foreign Banks
We started where so many emerging markets did…
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… roughly an equivalent of banking desert
Poland in 1990
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Such starting point could have taken us anywhere
Oligopoly
Banking bubbles
Special bank taxes
Protectionism
National champions
Reactive regulation
Sluggish followers
Just OK
Main stream banking
Digital transformation
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1990
51990’s
STAGE 1: Catching up through foreign investments
90’s
PRIVATISATIONKNOW–HOWCAPITALGOVERNANCEITPRODUCTSCOMPETITIVENESS
BRANCHESCORE IT SYSTEMSSTABILITYMODERN PRODUCTSMODERN PAYMENTS
OUTCOMEPREMISE
62000’s
OUTCOMEPREMISE
STAGE 2: Massive innovations pushed by banking startups2000’s
COMPETITIVENESSINNOVATIONDIGITISATIONGOVERNANCERE-BALANCEMODERNIZATION
MODERN:1. DIRECT2. ONLINE3. COSTUMER
FINANCE4. BRANCHES5. BRANDING6. SEGMENT
OFFERINGSDIGITAL & REMOTEREGULATION
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STAGE 3: Championing digital transformationNOW
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TELCO BANKING
ULTRA MODERN DIGITALMOBILE PAYMENTS
MODERN BRANCHES
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Our work ingreasingly recognized globally – THANK YOU!!!
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