No Match Found
Indonesian financial institutions have enjoyed successive periods of high growth and high profitability. Margins in the banking sector have been higher than ASEAN peers and new customers have been eager to access new products.
However, the elements of a “Perfect Storm” are all coming together and putting significant pressure on profitability, namely:
Despite the above, the long-term opportunity in Indonesia remains high. Now more than ever it is critical for institutions to have a Fit-for-Growth strategy and an action plan to cut costs and improve efficiency in a way that allows for future growth.
Firms are therefore looking at how to re-engineer their business in a way that can deliver lasting savings and sustainable improvements in operational efficiency. We are helping leading financial institutions to do exactly this, using a differentiated approach to cost analysis that allows management and stakeholders to understand fully the product, customer and segment profitability considerations of each cost decision.
PwC has a team of dedicated financial services cost management and performance improvement specialists who can help your organisation to gain the edge in efficiency and cost competitive delivery, namely: