Over 50pct of UAE clients want to change banks
(MENAFN) A statement by management consultancy Boston Consulting Group presents, around 55 percent of UAE populaces polled in a study reported they would have no issue turning to a fresh bank.
66 percent of bank clients in the UAE are vigorously searching for fresh offers as well, the study that showed over 2,000 persons in the Emirates in 2021 discovered.
Mohammad Khan, partner at BCG, mentioned: “In the UAE, we see that most customers have multiple banking relationships, which is understandable when one considers the significant expectations people now have of their banks.”
He continued: “Two-thirds of survey respondents proactively search for offerings that provide better value and over half would not be hesitant before opting for a different bank altogether.”
66 percent of bank clients in the UAE are vigorously searching for fresh offers as well, the study that showed over 2,000 persons in the Emirates in 2021 discovered.
Mohammad Khan, partner at BCG, mentioned: “In the UAE, we see that most customers have multiple banking relationships, which is understandable when one considers the significant expectations people now have of their banks.”
He continued: “Two-thirds of survey respondents proactively search for offerings that provide better value and over half would not be hesitant before opting for a different bank altogether.”

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Excellion Finance Scales Market-Neutral Defi Strategies With Fordefi's MPC Wallet
- BILLY 'The Mascot Of BASE' Is Now Trading Live On BASE Chain
- Pascal And Treehouse Partner On Proof Of Concept To Pioneer Smart Clearing For Decentralized Fixed Income Products
- XXKK Exchange Strengthens AML And KYC Systems To Elevate Compliance Standards
- Kucoin Partners With Golf Icon Adam Scott As Global Brand Ambassador
- TOKEN2049 Singapore Breaks Records: 25,000 Attendees At The World's Largest Web3 Event
Comments
No comment