News Formal

Discovery Bank opens new front in the battle for market share

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

日本 ニュース ニュース

Discovery Bank opens new front in the battle for market share 🔒

Insurer Discovery, which is trying to make inroads in the banking sector, will pull back on lending, joining its newcomer rival TymeBank in rethinking strategy as the industry stares down the barrel of the worst economic downturn since the Great Depression.

“New banks are often credit led. We are going to be deposit led, especially in this environment. We are granting very little credit to new clients — we are just not prepared to take the risk at this stage,” said CEO Adrian Gore.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Discovery Bank opens new front in the battle for market shareThe group will begin using its formidable broker network to market the behavioural bank
ソース: BDliveSA - 🏆 12. / 63 続きを読む »

Taxi Indaba set to deliberate on industry revamp and proposed new bank | CitypressTired of giving the banking industry billions each year and receiving nothing in return? The taxi industry is considering establishing a cooperative bank to further its operational interests.
ソース: City_Press - 🏆 7. / 72 続きを読む »