Hello bank! is a digital direct bank owned by BNP Paribas that started operations in 2013. The bank operates in France, Belgium, Germany, Italy, the Czech Republic and Austria. BNP Paribas has claimed that it is "the first 100% digital mobile bank in Europe".
History
The project was first discussed in 2012 and the bank was launched in Belgium and Germany on May 16, 2013, then in France on June 17, 2013 and in Italy on October 28, 2013. On February 13, 2014, the bank announced that they had reached 177,000 customers at the end of 2013. At the end of 2014 the customers in Germany, Belgium, France and Italy reached 791,000. Hello bank! launched in Austria on August 1, 2015. At the end of 2015 the customers of Hello bank! in all 5 markets reached 2.4 million. At the end of 2016 Hello bank! had 2.5 million customers across its 5 markets, with more than 1.5 million in Germany and 480 thousand in Belgium. In May 2017 Czech BNP Paribas Personal Finance SA, o.z. announced re-branding. New brand Hello bank! has replaced Cetelemtrademark. At the end of 2017 Hello bank! had 2.9 million customers across its 5 original markets, with 350 thousand in France.
Activities
Hello bank! offers the following products and services:
The bank is supported through different BNP Paribas retail banking subsidiaries where they exist; these are: BNP Paribas in France, BNL in Italy, BNP Paribas Fortis in Belgium. BNP Paribas, BNL and BNP Paribas Fortis branches can be used to deposit checks or to withdraw money in these countries. In Austria, Hello bank! operates its own network of branches. In Belgium Hello bank! was one of the first three banks to launch Google Pay in the country. In Germany the localsubsidiary of Hello bank! uses the brand nameConsorsbank, but the logo and the brand colors are very similar to those used in the rest of the markets. In November 2016 it absorbed DAB Bank that BNP Paribas had acquired in 2014, with all customer accounts being transferred to Consorsbank.
