MoneyMate Investor Magazine Awards 2007
We lead the way in online innovation and security!
Greg McAweeney, General Manager of RaboDirect, accepted the award at a gala lunch attended by 500 people from Irish financial institutions. Commenting on this latest award for RaboDirect, McAweeney commented, "this award is very gratifying because it helps to reinforce RaboDirect's credentials in financial services in Ireland. We lead the way in online innovation and security and will continue to do so with further planned enhancements to our public and secure websites later this year. The web is our only distribution channel which is why we place great emphasis on providing excellent customer service which has been recognised as one of the key criteria in winning this award".
It goes without saying that awards like this would not be possible without the support of the International Direct Banking teams that collaborate with the local banks. This award recognises their efforts that often go unseen. McAweeney went on to say, "the Direct Bank concept could not work without great teamwork between the local banks and the Shared Services and Support teams in Utrecht and Antwerp. Our teams are focused, entrepreneurial and tremendously hard working which helps to keep us one step ahead of the competition".
RaboDirect launched in Ireland in May 2005 as Ireland's first internet-only bank offering a high interest savings account and execution-only investment funds. In January 2007 RaboDirect passed the €1 billion savings milestone. The online bank now has almost 30,000 customers, €50 million in investment funds and recently launched Ireland's first personal retail revolving line of credit product.