1. Market Research
  2. > Agriculture Market Trends
  3. > Building a Customer-Centric Overdraft Model

Building a Customer-Centric Overdraft Model

  • August 2014
  • -
  • GlobalData
  • -
  • 10 pages

Summary

Table of Contents

Summary
Overdraft charges are a big money-spinner for banks and constitute 36% of their current account revenues according to the Office of Fair Trading. However, the overdraft market is facing pressures as evolving customer behavior and regulatory pressures squeeze profitability.


Synopsis
- Understand how changing customer behavior and regulations are impacting on overdrafts.
- Discover what banks can do to make their overdraft propositions more attractive to customers.

Reasons To Buy
- What are the key trends affecting the overdraft market?
- To what extent do customers use overdrafts?
- What can banks do to increase the profitability of overdrafts?

Key Highlights
Banks generate £46 on average from overdraft revenues annually on a standard current account.

Overdraft usage has declined since the 2008 crisis as households have become wiser about expensive sources of borrowing.

82% of UK current account holders believe overdraft charges are too high and 70% believe they are too complex.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
World Soil Preparation and Cultivation Machinery Market to 2021 - Market Size, Development, and Forecasts

World Soil Preparation and Cultivation Machinery Market to 2021 - Market Size, Development, and Forecasts

  • $ 24725
  • Industry report
  • April 2017
  • by Global Research & Data Services

The report package World Soil Preparation and Cultivation Machinery Market to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and ...

World Agricultural and Forestry Machinery Market to 2021 - Market Size, Development, and Forecasts

World Agricultural and Forestry Machinery Market to 2021 - Market Size, Development, and Forecasts

  • $ 24725
  • Industry report
  • April 2017
  • by Global Research & Data Services

The report package World Agricultural and Forestry Machinery Market to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future ...

World Agricultural and Forestry Tractor Market to 2021 - Market Size, Development, and Forecasts

World Agricultural and Forestry Tractor Market to 2021 - Market Size, Development, and Forecasts

  • $ 24725
  • Industry report
  • April 2017
  • by Global Research & Data Services

The report package World Agricultural and Forestry Tractor Market to 2021 - Market Size, Development, and Forecasts offers the most up-to-date industry data on the actual market situation, and future outlook ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.