Accelerating Value Creation for Shareholders
Establishment of new business model
Consumer finance: Creation of new business markets
high
Create new business markets by thoroughly utilizing SMBC's business franchise
Size of existing market: JPY 35 trillion (FY02)
New
markets
Customer base
Asset building segment + Mass segment
SMFG
=26 million clients (more than 40% of Japan's working population)
Return
low
SMBC
JV
Promise
Number of customers who visit branches:
3 million per month
Number of transactions through ATM:
1 million per day
Number of transactions in remote banking: 7 million per month
Business infrastructure
Existing
markets
Number of domestic branches:
(As of 04/3)
435
Number of ATM locations:
2,438
(Bank's own ATM locations.
The biggest ATM network among 4 mega banks)
low
Risk
high
Online-bank ranking:
(Ranked by Gomez, 03 Winter)
No. 1
9
The basic concept of the business alliance is to utilize Promise's
expertise to fully leverage SMBC's franchise to create new consumer
finance markets.
SMBC's franchise is very strong, as you can see on the slide, consisting
of a customer base with 26 million individual customers, 1 million
transactions per day through ATMs, 7 million transactions per month
through remote banking, and of a business infrastructure with sufficient
ATM locations and a top-ranked online banking.
By leveraging the customer base and the business infrastructure, we
will dramatically strengthen our existing business for low risk segment
of instant cash needs in small amount. In addition, we will capture the
potential needs in middle risk segment, which so far has been captured
only by credit sales, and credit card companies.View entire presentation