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PRESS RELEASE
€3 billion in outstanding loans: Boursorama confirms the
success of its strategy of offering a complete online bank
France: record customer acquisition and strong growth in banking activity
 Record acquisition of new customers (+46%): 645,925 customers at end-March 2015
 Strong growth in credit: 35% increase in mortgage production, tripling of personal loan production
 Record quarterly life insurance inflows (+47%)
 Good performance for online brokerage in a favourable stock-market context: the number of market orders
executed for the Group was up 22%
 Acquisition of Fintech Fiducéo to strengthen Boursorama’s lead in innovative digital banking services
 Launch of the Paylib payment solution
Internationally:
 Germany (OnVista): record brokerage activity
 Spain (Selfbank): relaunch of banking activity and very solid business growth
Boulogne-Billancourt, 5 May 2015 - Boursorama once again confirms strong customer acquisition in the first quarter of
2015.
"Every three minutes a new customer opens an account at Boursorama. The record growth in the number of customers and
the strong growth in credit and life insurance show the effectiveness of our online banking model, with a wide range of
products and highly competitive prices: we are the least expensive bank1 in France," said Marie Cheval, Boursorama CEO.
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France
Credit: €3 billion in outstanding loans
Strong growth in mortgage loans: production increased by 35% compared with the first quarter of 2014, and outstanding
loans increased by 17%. In addition to a favourable market environment and Boursorama’s very competitive positioning,
this success is due to a simple and innovative range of products: 100% online sign-up process, electronic signature for
borrower insurance, online access to accounts and real-time monitoring, immediate pre-approval response, alternative
proposals to that initially requested, with optimisation of the duration and the amount of the loan according to personal
down payment and repayment ability, etc.
Personal loans also posted strong growth as production tripled. These contracts are fully available online thanks to the
electronic signature facility.
A new Boursorama customer every three minutes
With 40,796 new customers in the first quarter of 2015, Boursorama had 645,925 customers at end-March 2015, in line
with its target of 750,000 customers in France by end-2015. Customer deposits increased by nearly 20%.
The majority of the new customers are in their 30s, work at management level, and live in urban areas. Highly connected,
they carry out an increasing number of transactions, including 15 transactions per month on average with their bank
cards.
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Source: Le Monde and Choisirmabanque.com - 13 January 2015
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PRESS RELEASE
Life insurance: excellent performance
Net inflows posted record growth in the first quarter (+48%), once again demonstrating the attractiveness of
Boursorama’s life insurance products. Targeted management customers can in a simple and cost-effective manner access
asset management solutions adapted to the chosen risk profile. They are enjoying growing success in this environment of
very low interest rates.
Continuation of the innovation strategy
With the acquisition of FinTech Fiduceo, a French specialist in online Personal Finance Management solutions, Boursorama
will further strengthen its budget management product line.
Constantly striving to make its customers’ lives easier, Boursorama now offers them the possibility to pay their purchases
online with Paylib, a secure payment solution whereby they don’t have to enter their bank card information online.
Still the least expensive bank
In January 2015, Boursorama was once again named the "least expensive bank". Customers with a current account paid, on
average, €14 in banking charges in 2014 and 60% of them paid nothing. They therefore make substantial savings each year: the
average annual banking charges in France are €2022.
A total of 92% of customers recommend Boursorama Banque3.
Boursorama.com portal
This quarter, boursorama.com had a record number of visitors, with an average of 34.4 million visits per month and 340
million page views per month, thereby confirming its position as the number-one financial and economic news site4 in
France.
Online brokerage:
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In a context of rising stock market indices (CAC 40: +17.8%, DAX 30: +22.0%, IBEX 35: +12.1%), Boursorama Group recorded sharp
growth (+22%) in the number of market orders executed in the first quarter of 2015. Business growth was also outstanding, with
10,332 new securities accounts opened, of which 5,552 in France.
International
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Germany (OnVista): very good activity level in brokerage.
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Spain (Selfbank): good start of the banking activity with a tripling of account openings.
About Boursorama
Boursorama, a subsidiary of Société Générale Group, is a major player in online banking in Europe with 763,203 customers, 1,263,696 direct
accounts (up 22% from end-March 2014) and €16.0 billion in assets under administration as of end-March 2015.
In France, Boursorama is the online bank of reference: as of end-March 2015, 645,925 customers rely upon its innovative, simple, inexpensive
and secure range of banking products. Its portal, www.boursorama.com, is France’s number 1 financial and economic information website.
Boursorama Group is present in Spain under the SelfBank brand and is a major player in Germany in brokerage and the dissemination of
economic and financial information through its OnVista brand. You can find all Boursorama news on the website: http://groupe.boursorama.fr
Boursorama
Service presse
Tél. : 01 46 09 53 21
service.presse@boursorama.fr
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Publicis Consultants
Stéphanie Tabouis
Tél : 06 03 84 05 03
stephanie.tabouis@consultants.publicis.fr
Source: Le Monde and Choisirmabanque.com - 13 January 2015
Source: OpinionWay study - November 2014
Source: OJD
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