Savings and Deposit conference at the Efma Credit and Savings Summit
Attracting customers whilst battling regulations
Taking an innovative approach to meet these challenges
Funding and liquidity are important issues for all financial institutions. It’s therefore vital that retail banks and other organisations are still able to attract savings and deposits from customers. This increasingly demands a more innovative, mass market approach. At the same time, banks face mounting pressures from a stream of new and revised European regulations. These include the PRIPS Regulation and the Deposit Guarantee Scheme Directive. Financial institutions also need to be ready to respond to Basel III in the most effective way possible.
As part of its two-day Credit and Savings event, Efma is delighted to be holding a new, special conference focusing on ‘Savings and deposits’. The conference will start with a plenary session looking at the wider aspects of credit and savings. Credit and savings strategies are becoming closely linked in retail banking as players look for solutions to their current funding and liquidity challenges. During this session, senior retail banking executives will give their vision of the credit and savings markets and of the main challenges and opportunities. It will include presentations on topics such as liquidity, big data, operational efficiency, and new customer-centric approaches.
The Savings and Deposits conference
will then focus on some specific issues:
Challenges: What are the main global and European issues and challenges in this market?
Regulation: How can players respond most effectively to market and regulatory changes?
Innovation: How can financial institutions be more innovative and develop a tailor-made approach to issues such as pricing, products, services and distribution channels?
Other topics covered during the conference will include:
Rebuilding a strong relationship with customers
Brand and trust issues
Increasing the financial education and literacy of the population