The finance sector and specifically banks, have been under a lot of pressure over the past years. Alongside the market challenges such as low interest rates, we’re seeing hundreds of new Fintech challengers emerge with over $10 Billion collective funding per year.
These challenges are forcing banks to make tough strategic decisions. At the start of 2016, we worked together with Belfius PCB to help them do that.
The result of the project was:
- A clear view on how the future of Public, Social and Corporate Banking may develop.
- A strategy to play a strong role in that future.
- A list of concrete projects to start working towards it.
Soon after we returned to guide Belfius PCB in the development of these business plans, to help them turn these into speedboats alongside the corporate mothership.
We sat down with Dirk Gyselinck, member of the management committee, to talk about the process and the challenges of transformation.
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