One Zero representatives (pictured with Erez Kalfon, chairman of the league management) embrace the Premier League in soccer, but have difficulty moving up to the major league (photo: official website, management of the leagues in soccer)
ONE ZERO Bank published today for the first time a disclosure to the public for 2022. According to the disclosure, so far the bank has raised NIS 791 million according to a final value of NIS 1.39 billion.
In the last three years, in accordance with the business plan, the bank has spent about NIS 433 million, mainly for the establishment of a technological platform. The amount of deposits and current accounts as of today is a low amount of only NIS 1.2 billion. As of today, the
bank has more than 50 thousand customers, approx. 30% have already turned their account into a main account with a monthly salary transfer/a fixed monthly amount of at least NIS 5,000 every month. That is, only 15% of the bank's customers transfer their salary to the bank. This is therefore what appears to be a failure of the bank's owner, the entrepreneur Amnon Shashua.
Shuki Oren, Chairman of ONE ZERO Bank
: "Most of the digital banks that have arisen in the world were based on the principle that the costs of establishing a digital bank are significantly lower compared to old banks that have an array of branches and a complex computing infrastructure, and therefore the efficiency enables lower prices. Technological efficiency is a necessary condition for a new bank, but there is a need for a differentiating advantage that can enable competition against a banking system A profitable and strong concentration, one that will provide significant value to customers beyond the important news of cost."
Of money
our money
Tags
Tilapia amusement
Digital banking
