How savings banks are optimally preparing for the coming years in private banking
Unlike in private or corporate customer business, the savings banks are not the market leader in private banking in their respective business areas, with a market share of around 14%. However, more and more savings banks have recognised the attractiveness of this business area and are positioning themselves increasingly successfully in the market for wealthy customers.
The study “Private Banking 2025 – Strengthen your strengths!” provides decision-makers at savings banks with concrete and relevant ideas for expanding their market position.
The authors aim to provide the most concrete and realisable guidance possible. What all approaches have in common is their suitability to make a significant contribution to the results of private banking and thus to the savings bank as a whole. Specifically, it is about generating additional income, improving the quality of earnings (for example by increasing the proportion of recurring income) and reducing costs. In this context, it is particularly important to us that the quality of the services provided increases.
Consileon has been advising national and international private banks on strategic and operational issues for several years. We are at your disposal for an exchange of ideas and support with implementation projects.
