Third quarter 2014 results - site du Groupe Boursorama

PRESS RELEASE
Boulogne-Billancourt, 29th October 2014
Continued vigorous development of banking activity in France
France: continuing its dynamic conquest
 Nearly 25,000 new customers recruited in the third quarter (+10%), making a total of 575,619 customers
 27% rise in sight-account deposits to 1.1 billion euros
 Excellent performance by Assurance-Vie [life assurance] (net collection: +121 %)
 Consumer credit trebled to 14.3 million euros
 Vigorous progress in outstanding debt on property loans (+22,5 %)
“Boursorama is continuing to develop strongly in the French banking market with outstanding performance in consumer
credit and property loans, as well as life assurance. There will be many new launches in the fourth quarter of 2014: offers
of mutual insurance, new products for the children of our customers and a reform of the customer banking space with
innovatory services” says Marie Cheval, Chairman and Managing Director of Boursorama.

France

Banking activity
-
Nearing our 2014 target of 600,000 customers
Once again ranked as “the least expensive bank” in September by Le Nouvel Observateur and Choisir-ma1
banque.com , Boursorama is continuing to develop vigorously on the French banking market: with 23,079 current
accounts opened (+10 %) and 10,003 new savings accounts (+9 %), Boursorama Banque had 575,619 customers at
the end of September 2014. Two thirds of the new current accounts were opened entirely on line, a proportion
which validates Boursorama’s banking model and confirms how the use of banking services is evolving.
The development of the customer base (24,116 new customers, or +10 %) was accompanied by sustained balance
sheet progress to 4.25 billion euros (+10 %) with, particularly, a 27% increase in current account deposits.
Collections on life assurance rose very fast this quarter (109 million euros, that is to say +121 % compared with the
third quarter of 2013). It was typified by a high proportion of UC [units of account] (24%), derived especially from
collections on offers of piloted management. Total outstanding debt increased by +15% to 3.2 billion euros.
Outstanding debts on OPCVMs rose by +9 % to 872 million euros.
In total, the assets managed by Boursorama in France come to nearly 12 billion euros.
1
Classified as the least expensive bank respectively on the “€ 2100 monthly income” and “€ 3000 monthly income” profiles and as the equal
least expensive bank in the “€ 1,500 monthly income” profile according to a survey carried out by Le Nouvel Observateur / Choisir-mabanque.com on 25/09/2014.
1
PRESS RELEASE
-
Boulogne-Billancourt, 29th October 2014
Well positioned loan offers
rd
Outstanding debt on property loans increased by 22.5 % and stood at 2.6 billion euros at the end of the 3 quarter
of 2014. Thus, nearly 30,000 customers chose Boursorama to obtain their property loan. Apart from its well
positioned rate compared with its competitors, the reason for this success is the innovatory aspect of the offer: it is
in fact possible to complete the application process on line and obtain a reply in principle immediately, as well as
alternative offers to the loan initially requested, optimising the financial proposal made to the customer according
to various criteria: the duration of the loan, the amount borrowed and the personal contribution.
rd
The production of consumer credits trebled to reach 14.3 million euros in the 3 quarter of 2014. They were
transacted entirely on line in 80% of cases.
 Brokerage business
In a somewhat unrewarding environment, the volume of orders handled continued to rise (+ 7% over the first three
quarters of 2014).
 boursorama.com portal
During the first nine months of the year, boursorama.com saw its Media business grow by 3 %, to 7.6 million euros
in a slack environment and, with an average of 28 million monthly visits in the third quarter, confirmed its position
2
as the website leader in the current economic and financial situation. . Boursorama.com is situated in thirteenth
3
position among the most consulted websites in France, all spheres combined. .

International
 In the United Kingdom, the transfer of the customer portfolio, signed last May with Equiniti, is progressing. The
migration of customers to the new offer should occur before the end of the year.
 In Germany the brokerage business is continuing to progress (+6% compared with the third quarter of 2013).
 In Spain, business is growing fast. The re-launch of the banking activity is envisaged for early 2015 (marketing
investment, reforming the customer website and launching new products and services).
A propos de Boursorama
Boursorama, filiale du groupe Société Générale, est un acteur majeur de la banque en ligne en Europe avec 733 536 clients, 1 179 110 comptes
en direct et 18,6 milliards d’euros d’actifs administrés à fin décembre 2013.
En France, Boursorama est la banque en ligne de référence : plus de 555 000 clients, à fin juin 2014, font confiance à son offre bancaire
innovante, simple, pas chère et sûre. Son portail, www.boursorama.com, est classé n°1 des sites nationaux d’information financière et
économique en ligne.
Le groupe Boursorama est actif au Royaume-Uni et en Espagne, sous les marques respectives Selftrade et Self Bank ; en Allemagne, Boursorama
est un acteur majeur dans l’activité de courtage et de la diffusion d’informations économiques et financières au travers de sa marque OnVista.
Retrouvez l’ensemble de l’actualité de Boursorama sur le site Internet : http://groupe.boursorama.fr
Contacts presse :
Boursorama
Service Communication
Tél. : 01 46 09 48 96
[email protected]
Publicis Consultants
Stéphanie Tabouis
Tél : 06 03 84 05 03
[email protected]
2 Source AT Internet
3 Source AT Internet
2