27 April 2017
Find out more

Third of European Internet users bank online - comScore

16 April 2009  |  8892 views  |  0 mouse

Over 100 million Europeans visited online banking sites in February, a third of the continent's Internet users, according to figures from Web metrics firm comScore.

For February the total European Internet audience was 306 million, of which 104 million visited banking sites, says comScore.

Of 17 European countries individually analysed, Internet banking usage was highest in the Netherlands, with 52.9% of the total online population using it.

France saw the second highest penetration levels, with 49.9% of the total online population, followed by Sweden on 48.4% and the UK, 46.1%.

E-banking had the lowest reach in Russia, used by just six per cent of the total online population.

Overall, France had the highest share of online banking customers in Europe with 16.9%, followed by the UK on 16.4% and Germany, 14.3%.

The most popular banking Web site in February was Credit Agricole, which received 8.9 million visitors, The Lloyds Banking Group site attracted 7.3 million users, RBS seven million and Sparkassen-Finanzgruppe, 6.7 million.

"Banking has become an important online consumer activity, and this is especially true in these uncertain economic times," says Gian Fulgoni, chairman, comScore. "The global recession has made people more aware of the value of money, more focused on their savings, and more determined than ever to keep a close watch on their spending."

Research from HSBC Direct last month suggests Europeans may be lagging behind their US counterparts. A poll commissioned by the bank found that 49% of Internet users conduct most, if not all, of their banking online.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Irish e-banking take-up soars

Irish e-banking take-up soars

07 April 2009  |  7421 views  |  0 comments
Online banking bill payers are more profitable and loyal - study

Online banking bill payers are more profitable and loyal - study

02 April 2009  |  12550 views  |  1 comments
E-banking draws half of online US population

E-banking draws half of online US population

13 March 2009  |  7832 views  |  0 comments
Online banking gaining ground in financial crisis - Forrester

Online banking gaining ground in financial crisis - Forrester

12 February 2009  |  9920 views  |  0 comments
Credit crunch bites online banking

Credit crunch bites online banking

23 January 2009  |  9660 views  |  1 comments
Mergers to shake up US e-banking market - comScore

Mergers to shake up US e-banking market - comScore

07 October 2008  |  7051 views  |  0 comments
Canadians top for online banking

Canadians top for online banking

11 July 2008  |  8273 views  |  0 comments
Third of UK Web users bank online

Third of UK Web users bank online

28 April 2008  |  6051 views  |  0 comments
Norwegians love Web banking

Norwegians love Web banking

22 February 2008  |  5691 views  |  0 comments

Related company news

 
visit dh.comFind out moreVisit capgemini.com

Top topics

Most viewed Most shared
hands typing furiouslyBitcoin ETF Bites the Dust, Needs More Sec...
15120 views 0 | 7 tweets | 7 linkedin
BBVA runs live funds transfers over RippleBBVA runs live funds transfers over Ripple
11976 views comments | 32 tweets | 20 linkedin
Coinbase plans Ethereum messaging appCoinbase plans Ethereum messaging app
9154 views comments | 14 tweets | 15 linkedin
EC plans blockchain 'observatory'EC plans blockchain 'observatory'
8527 views comments | 9 tweets | 16 linkedin
Plastc goes into meltdownPlastc goes into meltdown
7235 views comments | 12 tweets | 7 linkedin

Featured job

to 120K base, £300K ote, stock options
London, UK

Find your next job