Winner Navigant Consulting With Tesco Personal Finance Services

摘要

They say fortune favours the brave, but launching a bank? In a credit crunch? Still, having established a successful personal finance business 10 years ago as a joint venture with the Royal Bank of Scotland (RBS), Tesco decided a fully fledged retail bank was a logical next seep and bought out RBS's shareholding.rnOf course, other retailers have joint ventures or distribution agreements with banks and insurance companies. Tesco's agreement with RBS had allowed the retail giant to launch its own-brand banking and insurance range, as well as roll out ATM machines and the Tesco Compare website. Tesco Personal Finance had notched up 5 million customers, earning more than £200m in profits, and became the UK's third-largest car insurer in the process. But Tesco wanted to offer customers its own current accounts and mortgages.