[Korea sinyuncheol financial newspaper reporters - some of the banks reduced all year employees, number of branches, automated equipment stores're promoting a large bank showed that changing the store environment.
◇ reduce the maximum number of employees to 10,006 years
28 days, according to the Financial Supervisory Service (FSS) FSS statistics the total number of employees at the end of last year, banks are now more than 2,248 people fell 114,775 late last year (117,023 people) in person. Since 2372 were reduced in 2010 is the largest in six years. This trend is likely to receive this year. Because voluntary retirement of KB Kookmin Bank yirwojin the beginning of the year figures are not included. The Bank was retired in January of 2795 people.
As well as employees and also branch automation equipment declined by the largest since the early 2000s. Why banks are pursuing these changes is because I do not need the higher the proportion of Internet Banking to use the branches operating in the same way as in the past. According to the Bank of Korea, Internet banking ratios, including mobile services in the entire inquiry in December last year, recorded a 80.6%. The highest level since 2005, started as long as betting statistics. On the other hand, such as trade and counter automation equipment offline transactions was only 15.5%.
Staff have reduced the number of employees to enable the branches operating trends are dropping as branches. Late last year, the National Bank today reduced the number of branches is 175 places in 7103 than a year earlier place. To know the statistics regarding the reduction of the largest since 2002. Also it plunged automation equipment such as ATM (CD group), automated teller machines (ATM machine).
Number of automation of the banknote is reduced from the previous year end 2641 (51 115), open-circuit end of last year, 48 474. The reduction of the large-scale annual basis since 2003.
◇ store strategy changes stand out
Banks are being envisioned a variety of shops consolidation strategy, with branches around the base stores. Commercial banks are the trend to introduce a "hub-and-spoke" approach of the business strategy to build a tie, cow CEO 'system stores the 6-7 places together. This has the advantage that the hub center manager can put in place the personnel load and manage the branches of six or seven where I can improve workforce utilization.
In the case of a foreign Citibank Korea to focus on wealth management (WM) in terms of selection and concentration store operations also show changes to match. The "next-generation consumer finance strategy on the 27th Citibank, including the contents of the Korea market 50 target customers and 50% from asset management services Anniversary to greet coming in 2020, the investment assets of 100%, we can report a 30% increase in the target It announced. According to this data, Citi Bank Account adding the WM Center Following the distribution, Cheongdam WM Center, where three per year in Seoul, Dogok, Seongnam. 80 people Cheongdam a large asset management center over the center of the employees will be added to the open. Some points are also known that only the possibility of a mega-store up to 100 employees. Existing branches to 133 branches last year, even bigger say in the future is reduced from 30 to 40 pieces. However workforce reduction plan in accordance with the branch collapse is not known.
◇ US trading business system developed jointly promoted
US banks are scrambling to more actively change over the branch strategy. To reduce costs will promote measures that are used to develop the bond and stock trading systems work together.
Goldman Sachs, including the Wall Street financial institutions, the Wall Street Journal reported that the consultation on the 'Project's kaelpeul' (Project Scalpel) for the purpose of reducing operating expenses, non-operational departments on the 27th (local time).
The project shares, without such technology for trading bonds and operating services by the Bank to be suggesting jointly announced that a discussion is going on in the early stages purpose is gen raso unnecessary costs of development and operations by banks. Banks participating in the discussion so far is such as Goldman Sachs and Morgan Stanley, Bank of America.
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