KPMG Financial Services Excellence Awards 2007
Friday 4 May 2007: Challenger brand RaboDirect, Europe's largest online bank, has won the KPMG Financial
Excellence Awards 2007 for retail banking. RaboDirect was launched in Ireland just over two years ago and was responsible for introducing real competition into the savings market. Earlier this week RaboDirect scored first with the Financial Regulator's survey for best rate for lump sum deposits of €5,000, €10,000 and €20,000.
Commenting Greg McAweeney, General Manager, RaboDirect said "This is a major endorsement for online banking. In just two years RaboDirect has demonstrated yet again that being customer focussed is not about bricks and mortar, it's about the customer. Online banking is about 24/7 access 365 days of the year. Quite simply we give the customers what they want - great rates, instant access and customer care. We brought real competition and innovation into the banking sector. Our most recent innovation the RaboDirect Credit Account is another first which meets the demand for more flexible and accessible lending that people want today."
RaboDirect provides online investments, savings and loans. Since its launch in Ireland RaboDirect has won many accolades and plaudits including more recently Best Online Financial Service 2007 at the MoneyMate and Investor Magazine awards.