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Preference for digital versus traditional banks among consumers in Singapore in 2023

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Source

Release date

July 2024

Region

Singapore

Survey time period

October to November 2023

Number of respondents

6,550 respondents

Age group

18-65 years

Special properties

among consumers in Singapore, Malaysia, Thailand, Indonesia, the Philippines, Vietnam, and Cambodia

Supplementary notes

The survey was conducted among 6,550 consumers in Southeast Asia, including Singapore. The report did not provide the number of respondents in each country.

Citation formats

Consumer preferences for digital versus traditional banks Singapore 2023

Published by K. Scholle, Aug 19, 2024

According to a survey on consumer payment behavior conducted in October 2023 in Singapore, ** percent of respondents preferred traditional banks as their principal banking institutions over digital ones. Traditional banks have been preferred for safety, reliability, and positive customer experiences.

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Statistics on " Digital payments in Singapore "

The most important statistics
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Other statistics that may interest you Digital payments in Singapore

Overview

4

Key indicators

4

Mobile wallets

3

Bank cards

3

Buy Now, Pay Later (BNPL)

4

Consumer behavior

5

FAST and e-money

4

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Topics

Digital payments in Singapore Smartphones in SingaporeFintech in SingaporeE-commerce in SingaporeBanking industry in Singapore
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* For commercial use only

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$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
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