Berliner Boersenzeitung - How a pensioner made Spanish banks rethink counter services

EUR -
AED 4.081513
AFN 77.230118
ALL 99.042862
AMD 430.140447
ANG 2.003297
AOA 1032.870816
ARS 1069.272543
AUD 1.642244
AWG 2.001578
AZN 1.891198
BAM 1.953279
BBD 2.244384
BDT 132.82382
BGN 1.955628
BHD 0.418727
BIF 3214.74806
BMD 1.111216
BND 1.437883
BOB 7.68095
BRL 6.070127
BSD 1.111556
BTN 93.071223
BWP 14.684447
BYN 3.637804
BYR 21779.834762
BZD 2.240568
CAD 1.512215
CDF 3189.190401
CHF 0.941761
CLF 0.037483
CLP 1034.264491
CNY 7.869634
CNH 7.889245
COP 4656.273092
CRC 575.347202
CUC 1.111216
CUP 29.447226
CVE 110.581035
CZK 25.072369
DJF 197.485658
DKK 7.459843
DOP 66.72826
DZD 146.835789
EGP 53.922652
ERN 16.668241
ETB 129.160898
FJD 2.451457
FKP 0.846257
GBP 0.841741
GEL 2.980835
GGP 0.846257
GHS 17.457112
GIP 0.846257
GMD 76.673956
GNF 9612.018347
GTQ 8.597828
GYD 232.625627
HKD 8.660018
HNL 27.735577
HRK 7.55517
HTG 146.669414
HUF 394.304073
IDR 17004.939355
ILS 4.199563
IMP 0.846257
INR 93.080735
IQD 1455.693038
IRR 46787.751798
ISK 152.292299
JEP 0.846257
JMD 174.634647
JOD 0.787521
JPY 158.672729
KES 143.346323
KGS 93.744637
KHR 4522.64896
KMF 491.711705
KPW 1000.093823
KRW 1476.253041
KWD 0.338843
KYD 0.92633
KZT 532.423365
LAK 24568.987385
LBP 99509.397658
LKR 337.191845
LRD 216.687298
LSL 19.545888
LTL 3.281132
LVL 0.672163
LYD 5.283827
MAD 10.841857
MDL 19.313599
MGA 5067.145444
MKD 61.530629
MMK 3609.186415
MNT 3775.91212
MOP 8.922126
MRU 44.114338
MUR 50.948991
MVR 17.057703
MWK 1928.515872
MXN 21.403543
MYR 4.724337
MZN 71.006746
NAD 19.546773
NGN 1821.761212
NIO 40.848097
NOK 11.769856
NPR 148.920849
NZD 1.788863
OMR 0.42778
PAB 1.111546
PEN 4.195007
PGK 4.36469
PHP 62.030859
PKR 309.085048
PLN 4.273859
PYG 8666.738233
QAR 4.04566
RON 4.975249
RSD 117.057684
RUB 104.038142
RWF 1489.029519
SAR 4.170346
SBD 9.246166
SCR 14.965422
SDG 668.391412
SEK 11.34546
SGD 1.440891
SHP 0.846257
SLE 25.38829
SLL 23301.639441
SOS 634.504739
SRD 33.417049
STD 22999.928891
SVC 9.726099
SYP 2791.963614
SZL 19.545971
THB 37.115306
TJS 11.838011
TMT 3.900368
TND 3.36811
TOP 2.611133
TRY 37.856354
TTD 7.550121
TWD 35.523332
TZS 3027.441423
UAH 46.079379
UGX 4134.627366
USD 1.111216
UYU 45.549582
UZS 14162.448707
VEF 4025438.551901
VES 40.818578
VND 27363.69546
VUV 131.925803
WST 3.108586
XAF 655.129292
XAG 0.036848
XAU 0.000435
XCD 3.003117
XDR 0.823859
XOF 655.049687
XPF 119.331742
YER 278.192985
ZAR 19.512729
ZMK 10002.272396
ZMW 29.428495
ZWL 357.811118
  • RBGPF

    3.5000

    60.5

    +5.79%

  • BCC

    1.8200

    137.06

    +1.33%

  • CMSC

    0.0050

    25.055

    +0.02%

  • NGG

    -0.3200

    70.05

    -0.46%

  • RYCEF

    0.0900

    6.55

    +1.37%

  • GSK

    -0.1300

    42.43

    -0.31%

  • AZN

    0.0500

    78.58

    +0.06%

  • SCS

    0.1000

    14.11

    +0.71%

  • CMSD

    -0.0300

    24.98

    -0.12%

  • RIO

    -0.0100

    62.91

    -0.02%

  • RELX

    -0.3900

    47.37

    -0.82%

  • JRI

    0.0600

    13.44

    +0.45%

  • BCE

    1.1000

    35.61

    +3.09%

  • VOD

    0.0500

    10.23

    +0.49%

  • BP

    -0.1200

    32.43

    -0.37%

  • BTI

    -0.1300

    37.88

    -0.34%

How a pensioner made Spanish banks rethink counter services
How a pensioner made Spanish banks rethink counter services

How a pensioner made Spanish banks rethink counter services

It was his bank's limited counter service and indifference to his struggles with ATMs and apps that forced a Spanish pensioner to act, highlighting the panic the digital revolution is causing many older people.

Text size:

For Carlos San Juan, from the eastern port city of Valencia, the tipping point was an incident with an ATM in which the bank staff "flatly refused to come out and help" and would not let him in because he did not have an appointment.

A retired urologist from Valencia, he went home and wrote a manifesto called "I'm elderly, not an idiot," which was initially signed in December by around 100 friends and acquaintances.

It struck a chord, quickly finding its way onto the Change.org online platform, where it picked up nearly 650,000 signatures of support and was put before the authorities.

Such was the pressure that Spain's three main banking associations last week signed a protocol in the presence of economy minister Nadia Calvino pledging to improve customer service for older people.

Bank branches "will expand their counter service opening hours", "older people will be prioritised" and "ATMs, banking apps and web pages will be adapted with a simplified interface and language," said the Spanish Banking Association (AEB), one of the signatories.

- 'Be patient with us' -

San Juan hopes the measure will end "the plight of those who still have banking books, and that of older people with mobility issues having to queue in wheelchairs, with walkers or sticks, who have to "keep coming back" to see a bank employee face-to-face.

"I have Parkinson's disease," says this friendly, eloquent 78-year-old who normally goes to the bank when there are fewer people because he needs more time.

People of his age need to be shown patience, he says. "We might learn something today and then forget it two days later."

Older people are "absolutely not against digitalisation... That's here to stay", all they want is "a more humane transition" into the future.

AEB president Jose María Roldan agrees.

"San Juan has made us all realise we need to look after those who can't go as fast and those who will always need help because of their personal circumstances," he said during the signing ceremony.

Since the financial crisis of 2008, the Spanish banking sector has halved its number of branches to around 20,000, shedding nearly 40 percent of its employees -- who today number 172,000, European Central Bank figures show.

That is an average of eight employees per branch, compared with an average of 12.5 in neighbouring France, which has 402,000 employees and 32,000 branches.

- 'State of distrust' -

Some are already trying imaginative solutions to address the problems.

In Anover de Tormes, a tiny village of around 100 residents some 30 kilometres (18 miles) from the north-western town of Salamanca, a library bus pulls out of the mist and parks up.

In November, the "Bibliobus" was fitted with an ATM which David Mingo, head of culture for Salamanca province, describes as "an important first step towards resolving a big problem".

After serving six people, the bus moves on to Santiz, which has 300 residents, three bars and a school.

In front of the "Bibliobus," Agustina Juan, 79, admits with frustration that she does not know how to withdraw money with a card. In fact, in the three villages visited by AFP, only one person used the ATM to withdraw money.

"I have no idea how to use it. You know why I have it? So I can pay by card when I go to the supermarket," she shrugs.

The bigger problem is trying to resolve an erroneous banking charge or any other problem.

"I have to travel 40 kilometres (to the branch) to see what's happened. Or if you phone up, it's awful: the line's always busy and you have to keep calling," she says.

At her side, 76-year-old Raquel Vicente says the elderly have lost track of their finances.

"The only thing you can do in your old age is count your money, but with the system like this, you just can't see it, so you live in this constant state of distrust," she sighs.

(Y.Berger--BBZ)