Banks and fintechs were the financial institutions young adults in the UK trusted the most in 2024. Among UK consumers ages 18 to 24, ** percent expressed high trust in banks, with an additional ** percent reporting very high trust. Trust levels toward fintechs were slightly lower, with ** percent expressing high trust and ** percent very high trust. In contrast, mortgage lenders, credit card companies, and insurance companies received significantly less trust from this age group.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆÆ½â°æ can support your business.
Financial Conduct Authority. (May 15, 2025). Level of trust of 18-24-year-olds in financial institutions in the United Kingdom (UK) in 2024, by type of institution [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 31, 2026, from /statistics/1615830/young-adult-trust-in-financial-institutions-uk/
Financial Conduct Authority. "Level of trust of 18-24-year-olds in financial institutions in the United Kingdom (UK) in 2024, by type of institution." Chart. May 15, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 31, 2026. /statistics/1615830/young-adult-trust-in-financial-institutions-uk/
Financial Conduct Authority. (2025). Level of trust of 18-24-year-olds in financial institutions in the United Kingdom (UK) in 2024, by type of institution. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 31, 2026. /statistics/1615830/young-adult-trust-in-financial-institutions-uk/
Financial Conduct Authority. "Level of Trust of 18-24-year-olds in Financial Institutions in The United Kingdom (Uk) in 2024, by Type of Institution." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 15 May 2025, /statistics/1615830/young-adult-trust-in-financial-institutions-uk/
Financial Conduct Authority, Level of trust of 18-24-year-olds in financial institutions in the United Kingdom (UK) in 2024, by type of institution ÌÇÐÄÆÆ½â°æ, /statistics/1615830/young-adult-trust-in-financial-institutions-uk/ (last visited July 31, 2026)
Level of trust of 18-24-year-olds in financial institutions in the United Kingdom (UK) in 2024, by type of institution [Graph], Financial Conduct Authority, May 15, 2025. [Online]. Available: /statistics/1615830/young-adult-trust-in-financial-institutions-uk/