PKO BP to found alternative network

opublikowano: 2008-01-16 12:50

Warsaw (Puls Biznesu) – The retail bank wants to launch 800 outlets. PKO BP is building an alternative network of agents.

PKO BP has over 2,200 bank agencies today. Every fourth is connected with the bank’s system. The rest, as it was common many years ago, fill in the documents manually, then send them to the bank, where an employee enters the data into the system. PKO BP believes that the performance of its outer network is too low. Agents generate only 6 percent of cash credits and 2 percent of mortgage loans.

That’s why PKO BP is building a new network of franchise outlets which will be complementary to the present one. The bank estimates that only 20 percent of present agents will change their operations. The rest will be newly based outlets. Till 2012, there are going to be 800 of them. They should generate 15 percent of PKO BP’s sales. The bank will have a say as far as the location, employees, image and products offered are concerned. All franchise outlets will be part of PKO BP IT network, and will have access to the help desk, client data bases and products.

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