Retail Banking Country Snapshot: Singapore
Retail Banking Country Snapshot: Singapore Research Report And Key players POSB, DBS, OCBC Bank, UOB, Standard Chartered.
(EMAILWIRE.COM, March 21, 2018 ) Singapore has an advanced financial services market. Consumers are generally conservative in choosing a provider, with a bias towards those they perceive to offer financial stability and a longstanding reputation. Singaporean consumers prefer the branch for nearly all of their banking requirements. NPS scores are low across all four products compared with other markets in the region. Channel usage patterns indicate that Singaporean consumers are less engaged with their banks than consumers in other regional markets.
This report gives an in-depth research about the overall state of Retail Banking Country Snapshot: Singapore and projects an overview of its growth market. It also gives the crucial elements of the market and across major global regions in detail. Number on primary and secondary research has been carried out in order to collect required data for completing this particular report. Sever industry based analytical techniques has been narrowed down for a better understanding of this market.
The report also explains the key market drivers, trends, restraints and opportunities to give a precise data which is required and expected. It also analyzes how such aspects affect the market existence globally helping make a wider and better choice of market establishment. The Retail Banking Country Snapshot: Singapore growth and developments are studied and a detailed overview is been given.
Get Sample Copy of this Report at https://tinyurl.com/y8hh65nb
Leading Key Players:
POSB
DBS
OCBC Bank
UOB
Standard Chartered
Get More Information about this report at https://tinyurl.com/y8hh65nb
Scope
Consumers in Singapore place a high value on trust in relationships with financial services providers, which also heavily influence their choice of provider. Advocacy among consumers is low and Singaporeans are not likely to pay much attention to recommendations when deciding on a provider or product.
Singaporeans have a high propensity to save, but unlike consumers in other markets are not inclined to choose their existing current account provider for their savings account. Mortgage product features commonly included payment holidays and the ability to offset against savings, reflecting socio-cultural attitudes of self-reliance and individual responsibility and the high level of saving among consumers.
In general Singaporeans often prefer to use local financial services providers, which is an impediment for foreign banks. However, loans are the only product where Singaporeans are not concerned about the origin of the provider. This is evident from the fact that Citibank holds 11% of loans that are issued by traditional banks with a branch presence.
Reasons to buy
-Futureproof your strategy with market sizing, forecasts, and analysis of key developments currently affecting Singapore retail banking sector.
-Target consumers with inside knowledge of their true behaviors and attitudes, with detailed analysis from our proprietary insight.
-Learn about the impact new entrants and distribution channels will have on the market.
Ask for PDF Sample with Full TOC at https://tinyurl.com/y8hh65nb
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
This report gives an in-depth research about the overall state of Retail Banking Country Snapshot: Singapore and projects an overview of its growth market. It also gives the crucial elements of the market and across major global regions in detail. Number on primary and secondary research has been carried out in order to collect required data for completing this particular report. Sever industry based analytical techniques has been narrowed down for a better understanding of this market.
The report also explains the key market drivers, trends, restraints and opportunities to give a precise data which is required and expected. It also analyzes how such aspects affect the market existence globally helping make a wider and better choice of market establishment. The Retail Banking Country Snapshot: Singapore growth and developments are studied and a detailed overview is been given.
Get Sample Copy of this Report at https://tinyurl.com/y8hh65nb
Leading Key Players:
POSB
DBS
OCBC Bank
UOB
Standard Chartered
Get More Information about this report at https://tinyurl.com/y8hh65nb
Scope
Consumers in Singapore place a high value on trust in relationships with financial services providers, which also heavily influence their choice of provider. Advocacy among consumers is low and Singaporeans are not likely to pay much attention to recommendations when deciding on a provider or product.
Singaporeans have a high propensity to save, but unlike consumers in other markets are not inclined to choose their existing current account provider for their savings account. Mortgage product features commonly included payment holidays and the ability to offset against savings, reflecting socio-cultural attitudes of self-reliance and individual responsibility and the high level of saving among consumers.
In general Singaporeans often prefer to use local financial services providers, which is an impediment for foreign banks. However, loans are the only product where Singaporeans are not concerned about the origin of the provider. This is evident from the fact that Citibank holds 11% of loans that are issued by traditional banks with a branch presence.
Reasons to buy
-Futureproof your strategy with market sizing, forecasts, and analysis of key developments currently affecting Singapore retail banking sector.
-Target consumers with inside knowledge of their true behaviors and attitudes, with detailed analysis from our proprietary insight.
-Learn about the impact new entrants and distribution channels will have on the market.
Ask for PDF Sample with Full TOC at https://tinyurl.com/y8hh65nb
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
Contact Information:
Key Market Insights
sambit kumar
Tel: 8007533694
Email us
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This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Key Market Insights
sambit kumar
Tel: 8007533694
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results