Future of European Consumer Finance A joint Eurofinas Roland Berger Survey
|
|
- Andrea Wilkinson
- 8 years ago
- Views:
Transcription
1 Future of European Consumer Finance A joint Eurofinas Roland Berger Survey Highlights of 1st Edition Cascais 15 October 2015
2 118 companies participated to the first Eurofinas - Roland Berger Survey - representing 21 European countries Participants by geography Northern Europe (CE) 14 Companies > Denmark > Finland > Norway > Sweden Western Europe (WE) 45 Companies > Austria > Belgium > France > Germany > Ireland > Netherlands > Switzerland > United Kingdom 118 European Companies Eastern Europe (EE) 21 Companies > Bulgaria > Czech Republic > Hungary > Lithuania > Poland > Romania Southern Europe (SE) 38 Companies > Italy > Portugal > Spain 2
3 Participants account for over 1/3 of the European CF outstandings and represent four different business models Business model and size of participating companies [2014] Niche players Captives 13% 14% > 20 bn bn bn 5% 8% 16% > 10 m 5-10 m m 0% 5% 23% Key Points > Participating companies represent >1/3 of the European market in terms of outstandings Retail banks 25% > The largest firms (> 10 bn) are mostly Consumer Finance Specialists bn 72% 250, m 73% Specialists 48% Business model 1 Outstandings (EUR) Active customers 1) Certain types of business models have been aggregated: (1) "Retail banks" include both Retail banks and Credit brokers/intermediaries. (2) "Captives" include both Retail captives and Automotive captives. Source: Eurofinas, European Consumer Finance Survey; Roland Berger 3
4 Consumer Finance executives shared their perspectives on 5 topics Survey's key dimensions Growth & margins Structure & competition 1 2 Trends 3 > Growth and margin evolution by product type and business model > Distribution channels and customer journeys across channels > End to end digitization > Consolidation and roles of different type of players in the consolidation process > Business models most likely to grow in market share The future of consumer finance > Key success factors by type of business and need for improvement > Major initiatives to be launched > Major trends and main threats (technology, regulation, new types of players) 4 Distribution & Operations Key success factors and change roadmap 5 4
5 1 Growth & financial margin Most players expect low single digit growth but declining margins across most product lines Market growth and profitability evolution from 2015 to 2018 [answer with highest %] Expected growth of the new business volume Expected evolution of the financial margin Discussion Car and motor loans Personal loans Revolving credit > Margin in other purpose loans expected to be relatively more resilient too complex to compete? > Margins in personal loans expected to decline the most is this the area where you are most vulnerable to new business models? Other purpose loans > 5% 0%-5% No change -5%-0% < -5% > 50 bps 0-50 bps bps < -50 bps 5
6 2 Market structure & competition Online banks and internet players are expected to be the greatest threats in the near future Level of threat expected from different types of competitors in the near future [% of responses threat/ high threat] Discussion Online brokers/ comparators "Peer-to-peer" platforms 1) Card specialists Retail and universal banks Online banks Internet players (e.g. Google, Paypal, ) 46% 16% 25% 59% 69% 68% > P2P platforms are hot but most players do not believe they will transform the business will regulation be a barrier? will increase in interest rates make it less attractive for investors? > Internet players, online banks, traditional banks are the most serious threat is it because they have 360 degree relationships with clients? will client relationship be more important in the digital future? 1) Platforms where investors bypass intermediaries (such as banks) and lend directly to the consumer 6
7 3 Market trends Digitalization and "Big Data" are regarded as the most important technological trends in the near future Assessment of the impact of technological trends by 2018 [% responses] Discussion Digitization 6% 94% "Big Data" 12% 88% Sharing economy 61% 39% Internet of Things 44% 56% Not important / Somewhat important Important / Very important > Is digitization more an efficiency opportunity or a customer experience and loyalty opportunity? > And big data - is it more relevant for credit decisions or marketing effectiveness? > How can sharing economy and Internet of things be revenue enhancement opportunities? Strategy Consultants 7
8 3 Market trends From regulators and economic policy little help for the industry is expected Assessment of the impact of regulatory changes [% responses; in 3 years] Discussion Interest rate restrictions/ rate caps Privacy and credit bureau restrictions Insurance cross selling regulation 65% 58% 68% 4% 11% 11% > Will there be a market for installment and revolving credit in Continental Europe? can regulation shrink the business? Price and commission transparency Capital and liquidity requirements ECB and other central banks' regulations 37% 48% 54% 25% 22% 14% > What role will insurance have in Consumer finance business model? what to do with insurance in a "UK like" environment? Fiscal incentives to consumer spending 11% 64% Strategy Consultants 8
9 4 Distribution Different customer journey models will continue to co-exist specific challenges for each business model in B2C Evolution in customer journey models B2C specialists and retail banks TO FROM Proximity centric Integrated mix Remote focus Key challenges Proximity centric Majority of contracts are finalized in a physical outlet either originated remotely or not Integrated mix Less than 30% originated in the branch and balanced mix of contracts finalized in physical outlet and remotely Remote focus More than 50% of contacts are finalized remotely 50% 15% 9% 66% 21% 1% 12% 13% > PROXIMITY CENTRIC addressing decreasing utilization of sales reps maintaining market share in spite of digitization especially prime and young customers > INTEGRATED MIX rightsizing / making proximity footprint flexible reskilling proximity salesforce to make them multi channel right channeling > REMOTE JOURNEY FOCUS building relationships avoiding disintermediation 9
10 Improvement needed 5 Success factors What will it take to win in B2C? Improvement Importance plot for B2C business capabilities [ ] Diversity of non-credit services Social networks as after sales tool Leveraging Big Data for targeted client offers Omni channel customer journey management Social networks for sales enhancement 100% self care* Excellence in physical network sales Excellence in call center capabilities Real time/ fast cycle Customer Relationship Management* Multi channel direct marketing excellence Pricing segmentation Competitive time from application to approval Importance Discussion > Can Big Data and Omni Channel be the "things" to do for all specialists? > What are the hygiene factors necessary to be on the market and those that qualify your unique positioning in the market? > What will sales excellence in physical networks mean in the future? how digital will proximity skills need to be? > How sustainable is repeat business with clients hooked purely on credit? 1) Percentage of respondents that indicated that a certain business capability will be (Very) Important in ) Percentage of respondents that indicated that a certain business capability will need (Very) Significant Improvement in
11 5 Success factors What will it take to win in B2B2C? Improvement Importance plot for B2B2C business capabilities [ ] Improvement needed Pricing and commissioning segmentation by end customer value Range of complementary products for end customer (e.g. insurance, shopping guides, deals,..) Range of complementary products for dealer (e.g retailer financing) Web/ mobile marketing support to dealers/ partners Omni channel customer journey management Competitive time from application to approval in e-commerce channel Competitive time from application to approval in the Point of Sale (POS) channel Importance 1 Discussion > How do you set the boundary between promoting your company and the dealer? > How do you build integrated omnichannel journeys with multiple players each with their own brand and marketing mix? 1) Percentage of respondents indicating a certain business capability will be (Very) Important in ) Percentage of respondents indicating a certain business capability will need (Very) Significant Improvement in
12 Summary The consumer finance industry is expected to grow in the next years whereas financial margins will shrink Online banks and internet players are seen as a major threat in the future and, at the same time, market consolidation is expected Digitalization will be the most significant technological trend with impacts from back-office to front-office operations Insurance cross selling regulation and interest rate caps are expected be the regulatory changes with the most severe negative impact on the industry, while fiscal incentives are expected to have a positive impact Securitization will become a more important source of funding in the near future Online channels are more relevant than ever but physical channels will remain key for the majority of participants Leveraging "Big Data", enhancing CRM and providing a multichannel experience will be key in determining success 12
13 Thank you 13
THE EVOLUTION AND THE FUTURE ROLE OF THE BRANCH IN DISTRIBUTION OF THE BANKING PRODUCTS AND SERVICES
Annals of the University of Petroşani, Economics, 11(3), 2011, 15-22 15 THE EVOLUTION AND THE FUTURE ROLE OF THE BRANCH IN DISTRIBUTION OF THE BANKING PRODUCTS AND SERVICES CĂTĂLIN NICOLAE BULGĂREA * ABSTRACT:
More informationSize and Development of the Shadow Economy of 31 European and 5 other OECD Countries from 2003 to 2015: Different Developments
January 20, 2015 ShadEcEurope31_January2015.doc Size and Development of the Shadow Economy of 31 European and 5 other OECD Countries from 2003 to 2015: Different Developments by Friedrich Schneider *)
More informationINTERNATIONAL TRACKED POSTAGE SERVICE
INTERNATIONAL TRACKED POSTAGE SERVICE Index Expanding Internationally...03 The Post NL Service...04 How it works... 05 Post NL Rates...06 Transit times...07 Customer Service...08 Expanding Internationally
More informationExecutive Retail Banking Survey: Digital Transformation. Summary document
Executive Retail Banking Survey: Digital Transformation Summary document Zurich, December 2015 Contents Page A. Introduction to the survey 4 B. Retail bank digital maturity Status quo 7 C. Impact of digitization
More informationERASMUS+ MASTER LOANS
ERASMUS+ MASTER LOANS Erasmus+ Master Loan: opening up access to more affordable lending for cross-border studies The Erasmus+ programme makes it possible for students who want to take a full Masters level
More information13 th Economic Trends Survey of the Architects Council of Europe
13 th Economic Trends Survey 13 th Economic Trends Survey of the Architects Council of Europe 13 th Economic Trends Survey Breakdown of responses COUNTRY ANSWERS France 1464 Belgium 399 Spain 365 Italy
More informationCNP Assurances signs a longterm strategic partnership in insurance in Europe with Banco Santander. 10 th July 2014
CNP Assurances signs a longterm strategic partnership in insurance in Europe with Banco Santander 0 th July 04 Disclaimer «Some of the statements contained in this document may be forward-looking statements
More informationMagda Salarich Head of Santander Consumer Finance
Magda Salarich Head of Santander Consumer Finance Santander Consumer Finance S.A. ( Santander Consumer Finance ) and Banco Santander, S.A. ("Santander") both caution that this presentation contains forward-looking
More informationLife Bancassurance in Europe: Protection-Related Life Insurance
Life Bancassurance in Europe: Protection-Related Life Insurance Report Prospectus November 2011 Finaccord, 2011 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the
More informationElectricity, Gas and Water: The European Market Report 2014
Brochure More information from http://www.researchandmarkets.com/reports/2876228/ Electricity, Gas and Water: The European Market Report 2014 Description: The combined European annual demand for electricity,
More informationERASMUS+ MASTER LOANS
Ref. Ares(2015)660570-17/02/2015 ERASMUS+ MASTER LOANS Erasmus+ Master Loan: opening up access to more affordable lending for cross-border studies The Erasmus+ programme makes it possible for students
More informationINNOBAROMETER 2015 - THE INNOVATION TRENDS AT EU ENTERPRISES
Eurobarometer INNOBAROMETER 2015 - THE INNOVATION TRENDS AT EU ENTERPRISES REPORT Fieldwork: February 2015 Publication: September 2015 This survey has been requested by the European Commission, Directorate-General
More informationBEST PRACTICES/ TRENDS/ TO-DOS
Online Insurance Europe: S/ TRENDS/ TO-DOS New success guidelines WHAT TO DO N D E EW IO IT N Your Benefits EUROPE S S/ TRENDS/ TO-DOS: The new and only study about the best online insurance solutions
More informationHow To Understand Factoring
EIF Project "Jeremie" General Report on Factoring 1 Market analysis on Factoring in EU 25+2 prepared by International Factors Group (IFG) for European Investment Fund (EIF) project JEREMIE Preliminary
More informationTrends in the European Investment Fund Industry. in the First Quarter of 2016
Quarterly Statistical Release May 2016, N 65 This release and other statistical releases are available on Efama s website (www.efama.org) Trends in the European Investment Fund Industry in the First Quarter
More informationTrends in the European Investment Fund Industry. in the Fourth Quarter of 2015. Results for the Full Year of 2015
Quarterly Statistical Release February 2016, N 64 This release and other statistical releases are available on Efama s website (www.efama.org) Trends in the European Investment Fund Industry in the Fourth
More informationThe Shifting World of Debt Collection Eurofinas Session Introduction by BenchMark Consulting International
The Shifting World of Debt Collection Eurofinas Session Introduction by BenchMark Consulting International October 2014 Consulting for Financial Services with Industry Experts Projects in 40 countries
More informationEIOPA Stress Test 2011. Press Briefing Frankfurt am Main, 4 July 2011
EIOPA Stress Test 2011 Press Briefing Frankfurt am Main, 4 July 2011 Topics 1. Objectives 2. Initial remarks 3. Framework 4. Participation 5. Results 6. Summary 7. Follow up 2 Objectives Overall objective
More information1. Perception of the Bancruptcy System... 2. 2. Perception of In-court Reorganisation... 4
Bankruptcy Systems and In-court Reorganisation of Firms, 2010 Content: 1. Perception of the Bancruptcy System... 2 2. Perception of In-court Reorganisation... 4 3. Perception of Creditor Committees, Fast
More informationNEW PASSENGER CAR REGISTRATIONS BY ALTERNATIVE FUEL TYPE IN THE EUROPEAN UNION 1 Quarter 4 2015
NEW PASSENGER CAR REGISTRATIONS BY ALTERNATIVE FUEL TYPE IN THE Quarter 4 2015 Alternative fuel vehicle (AFV) registrations: +20.0% in 2015; +21.1% in Q4 In the fourth quarter of 2015, total alternative
More informationCommercial Non-Life Insurance Brokers in Europe
Commercial Non-Life Insurance Brokers in Europe Report Prospectus August 2014 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research? What methodology has been
More informationNon-Life Bancassurance in Europe: Motor and Household Insurance
Non-Life Bancassurance in Europe: Motor and Household Insurance Report Prospectus November 2011 Finaccord, 2011 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the
More informationTrends in the European Investment Fund Industry. in the Second Quarter of 2014. Results for the first half of 2014
Quarterly Statistical Release September 2014, N 58 This release and other statistical releases are available on efama s website (www.efama.org) Trends in the European Investment Fund Industry in the Second
More informationAlison Fennah, VP Research & Marketing IAB Europe. IAB Hungary Research Day - Budapest 15 th June @IABEurope
Alison Fennah, VP Research & Marketing IAB IAB Hungary Research Day - Budapest 15 th June @IAB Presentation Agenda 1. Introduction Background Coverage and Methodology 2. Main Findings The Media Evolution
More informationAlcohol Consumption in Ireland 1986-2006 A Report for the Health Service Executive
Alcohol Consumption in Ireland 1986-2006 A Report for the Health Service Executive Prepared by Dr. Ann Hope This report should be referenced: Hope, A. (2007). Alcohol consumption in Ireland 1986-2006.
More informationThe powerful link in your value chain
The powerful link in your value chain 21 3 AT A GLANCE Welcome to the World of Hygiene 4 CUSTOMER STATEMENT 6 PHILOSOPHY AND AIMS 10 PRODUCT RANGE 12 SERVICES 14 CLOSE TO YOU 16 GLOBAL SOURCING 18 GET
More informationAMADEUS: Analyse MAjor Databases from EUropean Sources - A financial database of 4 million European companies, including Eastern Europe MODULE.
AMADEUS http://amadeus.bvdep.com/ip AMADEUS: Analyse MAjor Databases from EUropean Sources - A financial database of 4 million European companies, including Eastern Europe MODULE. General AMADEUS contains
More informationCase No COMP/M.4987 - IBM / COGNOS. REGULATION (EC) No 139/2004 MERGER PROCEDURE. Article 6(1)(b) NON-OPPOSITION Date: 24/01/2008
EN Case No COMP/M.4987 - IBM / COGNOS Only the English text is available and authentic. REGULATION (EC) No 139/2004 MERGER PROCEDURE Article 6(1)(b) NON-OPPOSITION Date: 24/01/2008 In electronic form on
More informationMobile Gadget Insurance in Europe
Mobile Gadget Insurance in Europe Report Prospectus July 2011 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research? How does it fit into the wider series?
More informationLife Bancassurance in the Asia-Pacific Region: Investment-Related Life Insurance and Retirement Savings
Life Bancassurance in the Asia-Pacific Region: Investment-Related Life Insurance and Retirement Savings Report Prospectus March 2013 Finaccord, 2013 Web: www.finaccord.com. E-mail: info@finaccord.com 1
More informationAgenda. Company Platform Customers Partners Competitive Analysis
KidoZen Overview Agenda Company Platform Customers Partners Competitive Analysis Our Vision Power the backend of the post- web enterprise Key Challenges of the Mobile Enterprise Enterprise systems integration
More informationWorld Solution Provider
GE Consumer & Industrial World Solution Provider GE imagination at work GE Six businesses aligned with our customers needs, acting as one company. Harnessing the imaginations of more than 300,000 people
More informationEuropean Portfolio Advisory Group Market update
European Portfolio Advisory Group Market update October 2013 Click to launch 2 Publication Issue European NPL outlook and transactions in key markets Richard Thompson Chairman, European Portfolio Advisory
More informationPolish insurance market: growth and potential
Polish insurance market: growth and potential Polish Insurance Association June 2012 Table of contents 1. Polish insurance market general information 2. Non life insurance in Poland 3. Life insurance in
More informationThe Community Innovation Survey 2010 (CIS 2010)
The Community Innovation Survey 2010 (CIS 2010) THE HARMONISED SURVEY QUESTIONNAIRE The Community Innovation Survey 2010 FINAL VERSION July 9, 2010 This survey collects information on your enterprise s
More informationPendulum Business Loan Brokers L.L.C. U.S. State Market Area
Pendulum Business Loan Brokers L.L.C. U.S. State Market Area Mission Statement Hiram R. Davis, the founder of Sweetwater Pipeline Company, has developed a Business Model to for our Merger & Acquisition
More informationERASMUS+ MASTER LOANS
ERASMUS+ MASTER LOANS Erasmus+ Master Loan: opening up access to more affordable lending for cross-border studies The Erasmus+ programme makes it possible for students who want to take a full Master's-level
More informationVOLUNTARY HEALTH INSURANCE AS A METHOD OF HEALTH CARE FINANCING IN EUROPEAN COUNTRIES
VOLUNTARY HEALTH INSURANCE AS A METHOD OF HEALTH CARE FINANCING IN EUROPEAN COUNTRIES Marta Borda Department of Insurance, Wroclaw University of Economics Komandorska St. No. 118/120, 53-345 Wroclaw, Poland
More informationOpportunities in Cross-Border ecommerce
Thomas Baldry Senior Vice President Global Mail Germany Opportunities in Cross-Border ecommerce 14th Königswinter Seminar on Postal Economics Königswinter, 26 th November 2013 esubstitution A bright Future?
More information168/2014-4 November 2014. At risk of poverty or social exclusion 2 rate in the EU28, 2008-2013 (% of total population)
168/2014-4 November 2014 At risk of poverty or social exclusion in the EU28 More than 120 million persons at risk of poverty or social exclusion in 2013 Almost 1 out of every 4 persons in the EU in this
More informationFinancial Services In Europe
Financial Services In Europe GE A Global Company Operations in over 100 countries Debt rated Triple-A since 1956 320,000 + employees worldwide Manufacturing facilities in 32 countries 2 Six GE Businesses
More informationInternational Hints and Tips
International Hints and Tips Content Q: What is the cut off time for processing International payments? A: International payments must be submitted and fully approved within the cut off time indicated
More informationEnergy prices in the EU Household electricity prices in the EU rose by 2.9% in 2014 Gas prices up by 2.0% in the EU
92/2015-27 May 2015 Energy prices in the EU Household electricity prices in the EU rose by 2.9% in 2014 Gas prices up by 2.0% in the EU In the European Union (EU), household electricity prices 1 rose by
More informationInternational ACH: Payment Gateway to Europe
International ACH: Payment Gateway to Europe Treasury Symposium St. Petersburg Florida Tuesday, January 27 Concurrent Session 16 10:15am 11:30am International ACH: Payment Gateway to Europe Presenters:
More informationIAB Europe AdEx Benchmark 2014. Daniel Knapp, IHS Eleni Marouli, IHS
IAB Europe AdEx Benchmark 2014 Daniel Knapp, IHS Eleni Marouli, IHS About the study A meta analysis of online ad spend in Europe GROSS NET RATECARD Revenue Billed Revenue Billed No Agency commissions Campaigns
More informationABOUT DIRECT SALES IN THE WORLD, EUROPE AND ROMANIA
Annals of the University of Petroşani, Economics, 11(4), 2011, 151-158 151 ABOUT DIRECT SALES IN THE WORLD, EUROPE AND ROMANIA CLAUDIA ISAC, ALIN ISAC * ABSTRACT: Direct sale represents a modern product
More informationPRESS RELEASE Amsterdam, 23 July 2010
CORPORATE COMMUNICATIONS PRESS RELEASE Amsterdam, 23 July 2010 ING comfortably passes CEBS stress test Outcome reflects strong capital position and resilient balance sheet Under adverse stress scenario
More informationEuropean SME Export Report - FRANCE Export / import trends and behaviours of SMEs in France
SOUS EMBARGO JUSQU AU 8 JUILLET A 8H00 European SME Export Report - FRANCE Export / import trends and behaviours of SMEs in France July 2015 European SME Export Report Small and medium-sized enterprises
More informationMobile Virtual Network Operator (MVNO) basics:
Viewpoint Telecom Practice October 2008 Mobile Virtual Network Operator (MVNO) basics: What is behind this mobile business trend MVNOs bring the opportunity to telecom and non-telecom companies to participate
More informationInternational Mobile Phone Top Up For Consumers & Merchants
International Mobile Phone Top Up For Consumers & Merchants March 2015 What is CY.SEND? CY.SEND is an international prepaid mobile phone top up provider located in Switzerland for consumers and merchants.
More informationOur people make the difference
Transcom WorldWide S.A. Our people make the difference Investor Presentation Q1 2006 1 Company Overview Transcom is Europe s largest CRM operator by geographic footprint Fast growing Customer Relationship
More informationCOMPANIES ENGAGED IN ONLINE ACTIVITIES
Flash Eurobarometer 413 COMPANIES ENGAGED IN ONLINE ACTIVITIES SUMMARY Fieldwork: January-February 2015 Publication: May 2015 This survey has been requested by the European Commission, Directorate-General
More informationMADE TO TRADE. Media-Saturn Group Online Strategy
MADE TO TRADE. Media-Saturn Group Online Strategy Aschaffenburg 26 July 2011 METRO AG 2011 Disclaimer and Notes To the extent that statements in this presentation do not relate to historical or current
More informationCanada GO 2535 TM World Traveller's edition Maps of North America (Canada, US, Mexico), Western and Central Europe (including Russia) CAD 349,95
Local products may have different maps, prices and products available. Please see below list for local information, prices in local currency and availability of services. An European device will have working
More informationSTATISTICS FOR THE FURNITURE INDUSTRY AND TRADE
STATISTICS FOR THE FURNITURE INDUSTRY AND TRADE Möbel Zahlen Daten STATISTICS FOR THE FURNITURE INDUSTRY AND TRADE 01/36 Economical growth in the regions of the world-economy Changes of the gross domestic
More informationEUF STATISTICS. 31 December 2013
. ESTIMATES OF EU TURNOVER VOLUMES. Turnover volumes by product, allocation and notification (Estimates of EU s, Millions of ) Estimate of the EU % on Turnover Significance of the sample on total turnover
More informationComputing our Future Computer programming and coding in schools in Europe. Anja Balanskat, Senior Manager European Schoolnet
Computing our Future Computer programming and coding in schools in Europe Anja Balanskat, Senior Manager European Schoolnet ABOUT THE SURVEY What do Ministries currently think about the topic? Curricula
More informationThe Economics of Regulated Prices: mapping the issue
The Economics of Regulated Prices: mapping the issue Catherine Waddams Centre for Competition Policy, University of East Anglia & Centre on Regulation in Europe CREG Annual Conference, Brussels, 28 th
More informationFinance Industry. Integrated Software Solutions
Finance Industry Integrated Software Solutions Cologne Vienna Zurich Deep industry knowledge meets highly standardized software NAVAX offers a wide range of software solutions for the financial industry
More informationBusiness Cooperation Database Profile Extraction
Business Cooperation Database Profile Extraction Produced the 23/05/2013 General Information Profile ID 20121221024 Summary Creation Date 21/12/2012 Last Update 15/01/2013 Expiration Date 15/01/2014 Intermediary
More informationERMInE Database. Presentation by Nils Flatabø SINTEF Energy Research. ERMInE Workshop 2 - Northern Europe Oslo, 1. November 2006
ERMInE Database Presentation by Nils Flatabø SINTEF Energy Research ERMInE Workshop 2 - Northern Europe Oslo, 1. November 26 Overview Content of the Ermine Database Electronic Questionnaire RTD&D Data
More informationTHE ROLE OF PUBLIC SUPPORT IN THE COMMERCIALISATION OF INNOVATIONS
Flash Eurobarometer THE ROLE OF PUBLIC SUPPORT IN THE COMMERCIALISATION OF INNOVATIONS REPORT Fieldwork: January February 2014 Publication: May 2014 This survey has been requested by the European Commission,
More informationTHE PROXBOOK REPORT THE STATE OF THE PROXIMITY INDUSTRY Q2 2015. All information in this report belongs tounacast AS
THE PROXBOOK REPORT THE STATE OF THE PROXIMITY INDUSTRY Q2 2015. All information in this report belongs tounacast AS TABLE OF CONTENTS Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page
More informationPlanned Healthcare in Europe for Lothian residents
Planned Healthcare in Europe for Lothian residents Introduction This leaflet explains what funding you may be entitled to if you normally live in Lothian (Edinburgh, West Lothian, Midlothian and East Lothian
More informationInvestment and Investment Finance in Croatia, how can the EIB contribute? Dario Scannapieco and Debora Revoltella European Investment Bank
Investment and Investment Finance in Croatia, how can the EIB contribute? Dario Scannapieco and Debora Revoltella European Investment Bank 24 March 2014 Outline EU and Croatia key challenges The Investment
More informationLife Bancassurance in Latin America: Protection-Related Life Insurance
Life Bancassurance in Latin America: Protection-Related Life Insurance Report Prospectus April 2013 Finaccord, 2013 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is
More information41 T Korea, Rep. 52.3. 42 T Netherlands 51.4. 43 T Japan 51.1. 44 E Bulgaria 51.1. 45 T Argentina 50.8. 46 T Czech Republic 50.4. 47 T Greece 50.
Overall Results Climate Change Performance Index 2012 Table 1 Rank Country Score** Partial Score Tendency Trend Level Policy 1* Rank Country Score** Partial Score Tendency Trend Level Policy 21 - Egypt***
More informationLender Perspectives on Credit Reporting WCCR 2008 - Rio SOCIETE GENERALE CONSUMER FINANCE: A FAST GROWING CHALLENGER. Jean-Yves Bruna CEO of SGCF
SOCIETE GENERALE CONSUMER FINANCE: A FAST GROWING CHALLENGER Jean-Yves Bruna CEO of SGCF 2 POSITION IN THE GROUP SOCIETE GENERALE Group DSFS BDDF Crédit Du Nord BHFM SG-CIB GIMS Specialized Financial Services
More informationLife Bancassurance in the Asia-Pacific Region: Protection-Related Life Insurance
Life Bancassurance in the Asia-Pacific Region: Protection-Related Life Insurance Report Prospectus March 2013 Finaccord, 2013 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page
More informationGlobal payments trends: Challenges amid rebounding revenues
34 McKinsey on Payments September 2013 Global payments trends: Challenges amid rebounding revenues Global payments revenue rebounded to $1.34 trillion in 2011, a steep increase from 2009 s $1.1 trillion.
More informationGenuine BMW Accessories. The Ultimate Driving Machine. BMW Trackstar. tracked. recovered. BMW TRACKSTAR.
Genuine BMW Accessories BMW Trackstar The Ultimate Driving Machine stolen. tracked. recovered. BMW TRACKSTAR. stolen vehicle TRACKING SYSTEM. stolen. tracked. recovered. BMW Trackstar Stolen Vehicle Recovery
More informationThe Legal Protection Insurance Market in Europe. October 2013
The Legal Protection Insurance Market in Europe October 2013 The Legal Protection Insurance Market in Europe October 2013 In its latest publication RIAD, the International Association of Legal Protection
More informationZalando - Europe's market leader in fashion ecommerce. April 2013
Zalando - Europe's market leader in fashion ecommerce April 2013 Zalando is driving a mega trend, bringing fashion ecommerce to Europe Mega trend: Online fashion is the second wave of ecommerce, following
More informationLabour Force Survey 2014 Almost 10 million part-time workers in the EU would have preferred to work more Two-thirds were women
75/2015-27 April 2015 Labour Force Survey 2014 Almost 10 million part-time workers in the EU would have preferred to work more Two-thirds were women Among the 44.1 million persons in the European Union
More informationFostering Entrepreneurship among young people through education: a EU perspective. Simone Baldassarri Unit Entrepreneurship
Fostering Entrepreneurship among young people through education: a EU perspective Simone Baldassarri Unit Entrepreneurship Definition of Entrepreneurship Entrepreneurship refers to an individual s ability
More informationMASTER LICENSEE PROSPECT UNITED KINGDOM. Leader in home delivery of quality products for your dog & cat
MASTER LICENSEE PROSPECT We are looking for Franchisees all over the world UNITED KINGDOM FRANCHISING - A BUSINESS CONCEPT THAT WORKS! The Husse franchise concept is built on a system of Master Licensees
More information2014 EU-wide Stress Test
2014 EU-wide Stress Test Bank Name LEI Code DK - Sydbank GP5DT10VX1QRQUKVBK64 DK NUK_WL_NR_XX version 1809014 No restructuring 2014 EU-wide Stress Test 2014 EU-wide Stress Test Summary Adverse Scenario
More informationProfit earner or cost driver? A combined view of retail banking and payments. Bertrand Lavayssière Frankfurt, May 25th
Profit earner or cost driver? A combined view of retail banking and payments Bertrand Lavayssière Frankfurt, May 25th Payments are crucial for Retail Banking Retail banking revenues are rather stable and
More informationInsurance corporations and pension funds in OECD countries
Insurance corporations and pension funds in OECD countries Massimo COLETTA (Bank of Italy) Belén ZINNI (OECD) UNECE, Expert Group on National Accounts, Geneva - 3 May 2012 Outline Motivations Insurance
More informationOur Management A Strong Team! (I) Raiffeisen Bank Aval Strategy and Business Development. Volodymyr Lavrenchuk, CEO Raiffeisen Bank Aval
Raiffeisen Bank Aval Strategy and Business Development Volodymyr Lavrenchuk, CEO Raiffeisen Bank Aval Our Management A Strong Team! (I) Lubomir Pokorny Retail Arthur Iliyav I (Multinationals) Gerhard Boesch
More informationORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT
2 OECD RECOMMENDATION OF THE COUNCIL ON THE PROTECTION OF CRITICAL INFORMATION INFRASTRUCTURES ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT The OECD is a unique forum where the governments of
More informationUTX Europe V2 - Enhancements
UTX Europe V2 - Enhancements Global Enhancements... 2 Country-By-Country Analysis - UTX Europe V2 Feature Enhancements... 3 Austria... 3 Belgium... 3 Czech Republic... 3 Denmark... 3 Finland... 3 France...
More informationTaxation of tobacco products in the European Union. Frank Van Driessche DG Taxation and Customs Union May 2006
1 Taxation of tobacco products in the European Union Frank Van Driessche DG Taxation and Customs Union May 2006 2 Legislation on taxation Directive 92/79/EEC (Approximation of taxes on cigarettes) Directive
More informationHow successful is your campaign and promotion management? Towards best-practice campaign management strategies
How successful is your campaign and promotion management? Towards best-practice campaign management strategies Welcome to the new normal Businesses today are under unprecedented pressure to increase spending
More informationFamily benefits Information about health insurance country. Udbetaling Danmark Kongens Vænge 8 3400 Hillerød. A. Personal data
Mail to Udbetaling Danmark Kongens Vænge 8 3400 Hillerød Family benefits Information about health insurance country A. Personal data Name Danish civil registration (CPR) number Address Telephone number
More informationSingle Euro Payments Area
Single Euro Payments Area Overview SEPA (Single Euro Payments Area) is a European payments initiative which aims to create one single, integrated, standardised payments market in Europe. It is an area
More informationHow To Understand Programmatic Advertising
Attitudes towards Programmatic Advertising August 2015 @IABEurope IAB Europe iabeurope.eu IAB Europe Page 1 of17 Contents 1. Introduction 3-4 2. Executive Summary 5 3. Methodology and Participants 6 4.
More informationInternet of Things and insurance. Paris, March 24h, 2015
Internet of Things and insurance Paris, March 4h, 0 Think Tank on Aggregators - 04 The "IoT Insurance" Think Tank was conducted with participating European insurers between November 04 and February 0 8
More informationIAB Adex Benchmark 2012 Daniel Knapp, IHS Electronics & Media
IAB Adex Benchmark 2012 Daniel Knapp, IHS Electronics & Media ABOUT THE STUDY 2 3 A meta-analysis of online ad spend in Europe GROSS NET RATECARD Revenue Billed Revenue Billed No Agency commissions Campaigns
More informationTRANSCOM REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED 31 st MARCH 2008
FOR IMMEDIATE RELEASE 21 st April TRANSCOM REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED 31 st MARCH Luxembourg, 21 st April Transcom WorldWide S.A. ( Transcom or the Company ) (Nordic Exchange:
More informationTechnical & Trade Schools Europe Report
Brochure More information from http://www.researchandmarkets.com/reports/3106479/ Technical & Trade Schools Europe Report Description: TECHNICAL & TRADE SCHOOLS EUROPE REPORT The Technical & Trade Schools
More informationOwnership transfer Critical Tax Issues. Johan Fall, Anders Ydstedt March, 2010
Ownership transfer Critical Tax Issues Johan Fall, Anders Ydstedt March, 2010 Ownership transfer Critical Tax Issues 1 Ownership transfer Critical Tax Issues INTRODUCTION In tough economic times family
More informationMCDC Marketers & Consumers Digital & Connected. Focus on Hungary
MCDC Marketers & Consumers Digital & Connected Focus on Hungary EUROPEANS ON THE WEB A GOLDMINE Wealth of information on European consumers online Engagement, activities and attitudes An online survey
More informationBridgestone Europe HR Transformation. Martha C. White, Vice President, Human Resouces & CSR Bridgestone EMEA 9 September, 2015
Bridgestone Europe HR Transformation Martha C. White, Vice President, Human Resouces & CSR Bridgestone EMEA 9 September, 2015 Agenda Introductions Personal Introduction Bridgstone Europe: Who we are and
More informationDefinition of Public Interest Entities (PIEs) in Europe
Definition of Public Interest Entities (PIEs) in Europe FEE Survey October 2014 This document has been prepared by FEE to the best of its knowledge and ability to ensure that it is accurate and complete.
More informationEquity Release Schemes in the European Union
Reifner Clerc-Renaud Perez-Carillo Tiffe Knobloch Equity Release Schemes in the European Union institut fur finanzdienstleistungen e.v. Contents PREFACE I EXECUTIVE SUMMARY V TABLES XXIX FIGURES XXX 1.
More informationSEPA. Changes in the Payment System Implementation of the European SEPA Regulations for Kuna and Euro Payments
SEPA Changes in the Payment System Implementation of the European SEPA Regulations for Kuna and Euro Payments SEPA The Single Euro Payments Area (SEPA) stands for a European Union (EU) payments integration
More informationImplementing the cooperation mechanisms of the RES directive current status and open questions
Implementing the cooperation mechanisms of the RES directive current status and open questions Corinna Klessmann, Ecofys Germany RE-SHAPING Workshop, Vilnius, 16.05.2011 Supported by Intelligent Energy
More information