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Insight Report: Current Accounts Emerging Trends

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Due to changes in regulatory frameworks and competitive dynamics, retail banking and its current account business have changed gradually during the last decade. Despite initiatives taken by banks to retain customers, the current accounts market in developed economies recorded growing instances of account switching. Improved customer service, attractive reward programs and financial incentives offered by banks are the main factors encouraging customers to switch their primary banks. See More: http://tinyurl.com/my62vzq

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JSB Market Research: Insight Report: Current Accounts Emerging Trends, Product Insights and Case Studies

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To buy this Report Visit

http://www.jsbmarketresearch.com

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Summary:

Due to changes in regulatory frameworks and competitive dynamics, retail banking and its current account business have changed gradually during the last decade. Despite initiatives taken by banks to retain customers, the current accounts market in developed economies recorded growing instances of account switching. Improved customer service, attractive reward programs and financial incentives offered by banks are the main factors encouraging customers to switch their primary banks.

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Key Highlights:
  • Free checking accounts (accounts with no charges) are diminishing as banks impose fees to improve profitability. According to Bankrate, free checking accounts in the US dropped from 76% in 2009 to 38% in 2013.
  • The use of overdraft protection by account holders is rising rapidly in the US, making overdraft protection a major revenue-generating component for banks. Overall, 13 million consumers used overdraft protection in 2010 in the US, generating revenues of US$35.0 billion for banks.
  • According to the German Bundesbank and IMF forecasts, the German economy is expected to be relatively stable over the next five years, despite the financial uncertainties faced by most European countries.
  • To know more about this report click here –
  • http://www.jsbmarketresearch.com/finance-banking/r-Insight-Report-Current-Accounts-Emerging-Trends-Product-Insights-and-Case-Studies-119520

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Table of Contents:

Insight Report: Current Accounts Emerging Trends, Product Insights and Case Studies

Emerging Trends

Product Comparison

Product comparison – the US

Production comparison – Canada

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About JSB Market Research
  • Jsbmarketresearch.com is an online repository of an extensive collection of market research reports available online. This online portal contains high-quality reports with well-researched and high-quality content on a wide range of industries. These market research reportshelp us give a detailed insight into new opportunities in the industry, prevailing market trends, competitor analysis and future prospects.
  • JSB’s reports are developed by the domain experts and publishers under a closely observed surveillance of industry specialists. Therefore, the researched data is well researched, well- organized and matching up to the best standards in the industry. Also JSB’s database consists of detailed insights of the leading players in the global market, products and trends.

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Contact Us

Support & General Inquiries

Mail : [email protected]| +91 - 998 729 5242

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Mail : b[email protected] | +91 22 412 366 50

Website:- http://www.jsbmarketresearch.com

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