Financial services provider attacks graduate banking bias - Published:03/09/07
Young professionals may be interested to learn that a monetary services provider has criticised the large four banks for a perceived prejudice towards graduate banking customersHelen Palmer, current account manager at Alliance and Leicester, has launched the attack next the launch of a new graduate-only banking service from monetary services supplier NatWest Commenting on the new banking package, Ms Palmer contended that the UK's four main banking institutions have a "tendency" to offer financing incentives to institution of higher education alumni that are not made available to populace who turned down the opportunity of higher education explanation her stance, she claimed that it is "all well and high-quality" for certain financial services providers to offer superior lending rates to alumnae"But we believe it is also essential for banks to recognise the wants of those between the ages of 16 to 21 who make the decision to create earning," she saidAs such, they may wish to take the opportunity to review their financing state of affairs and contrast the market for more attractive banking solutions, just like their peers in full-time employment Greater monetary services accessibility promised by Yorkshire structure Society expansion - Thu, 31 May 2007better financial services accessibility promised by Yorkshire Building Society expansion.
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Abbey happy that customers are switching - Published:08/02/07
Abbey has spoken of its pleasure at trial of new investigate conducted by price comparison website MoneyExpert that shows more than a million people are planning on switching present accountsMoneyExpert discovered that 138 million people plan to alter their account within the next six months - due in no small part to rising bank charges - and Abbey believes it will benefit from this newsThe Abbey present account comes with a "marketplace leading" rate of 63 per cent AER and this applies to accounts that have balances of up to £1,000At present, the supposed big four banks, comprising Barclays, HSBC, RBS/NatWest and Lloyds TSB have 73 per cent of the market in conditions of current accounts and this group of four is headed by Barclays who grasp 21 per cent of the marketA characteristic EAR of 109 per cent overdraft rate is available on the Abbey present account for customers.
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NatWest pigs born again - Published:25/10/06
More than ten years after they were withdrawn, NatWest has relaunched its iconic variety of NatWest piggy banksSavers of a sure age will have fond memories of the NatWest piggy bank relations which the bank used to encourage saving, offering a new family member as more cash was bankedStarting with baby forested, the family progressed through Annabel, Maxwell, Lady Hillary up to Sir Nathaniel Westminster when the investments account reached £100Saving accounts opened between now and April 14th will take delivery of a special bullion Woody to start their collection and will be entered into a free sketch with a £10,000 grand prize"We are delighted that the NatWest pigs are back as part of this great prize draw, as in the past they are the face of NatWest investments," said Helen Page, NatWest marketing directorThe NatWest is now probable to become the best savings account for encouraging the saving habit among UK children, as well as adults who never quite managed to arrive at the full setFirst launched in 1983, the piggy family has become increasingly valuable, with a full put now worth £400MoneyExpert Limited is authorised and regulated by the Financial Services power (FSA Registration No 301654) The Financial military Authority does not regulate some forms of mortgage contract, credit cards, personal loans, present.
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