Retail design agency bank branch brands Promsvyazbank, Moscow Retail design consultants bank branch brands Promsvyazbank, Moscow

Retail bank branch design, corporate branding and format planning
Promsvyazbank is among the top 3 private banks in Russia, and is a universal commercial bank, founded in 1995. It is owned by Dmitry and Aleksey Ananyev and is the 10th largest bank in Russia by assets.

The weak economic environment continues to challenge Russia's banking System. While Moody's expects the sector to return to break-even in 2016 due to a gradual recovery of net interest margins, but partially also due to under-provisioning practices, which are likely to persist. How banks respond to customer needs going forward is of paramount importance, and branch branding, environment design and digital channels are key to securing growth.

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Through design and digital branding strategies, we aim to plan future branch formats at PSB
As part of a wider remit for the development of new retail branch design for the PSB Group, we were asked to create a brand environment expression for four branch formats. The executive management team were looking to us to develop a new ‘look and feel’ for their bank network that would take PSB to the next stage. They had a number of objectives in mind beyond the purely functional retail design that would prove integral to the success of the project. The consistency of implementation of the brand identity and the cost of constructing the branch had been an issue for the client in the past.

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We were challenged to develop a ‘house style’ that delivers the brand values of PSB across the estate, from main branches through to mall kiosks. It was important to present a recognisable identity  across all formats and communication material.

Following a competitor review, branch audit, and consultation with PSB executives, we began creating the concept for branches, demonstrating a mixture of ergonomic good practice, illustrating interesting construction materials coupled to a range of relevant graphic signage solutions for the new branch formats.

When Promsvyazbank executive management invested in our design and format planning services, they discovered it was 15% cheaper to implement our concept compared with previous turn key contractor appointments, and in addition the Net Promoter Score index, showed customer loyalty moved up from 10th position to 5th position. 

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Bank branch design renewal objective
The intention was to create a warm, clean open environment for customers, whilst maintaining a businesslike tone.
 
We achieved the objective by planning the customer journey in branch, selecting contemporary materials and textures and utilising lighting effects to set standards that reflect the bank's values and attention to detail. The new environment seeks to put customers at ease, to allow them to speak freely about their financial needs and to reassure that they are working with a reliable, forward thinking partner.

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Brand Consultancy bank branch design Promsvyazbank, Moscow

 

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