By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    Man sentenced to three months imprisonment for assaulting wife
    October 15, 2026
    Jimi reclamation: AGI awaits EPA permit to begin works – Oheneba Nana Kwaku Duah
    October 14, 2026
    The Asantehene calls for renewed national focus on agriculture and youth involvement in farming.
    Jimi reclamation: Otumfuo warns galamsey could endanger health, future generations
    October 14, 2026
    EPA orders immediate halt to all reclamation and restoration activities without approval
    October 14, 2026
    Jimi reclamation: We want to restore soil health before planting food crops – Oheneba Nana Kwaku Duah
    October 14, 2026
  • Business
    BusinessShow More
    Proceed with 20% cross-border digital services VAT – Tax Analyst to GRA
    October 15, 2026
    BoG Governor urges IMF to boost Africa’s AI and digital capabilities
    October 14, 2026
    BoG engages Bono East stakeholders on financial literacy and stability
    October 14, 2026
    Narawa Company Limited demands immediate intervention over armed takeover and alleged illegal mining on Fanteakwa concession
    October 14, 2026
    IGNITE targets African expansion with technology-driven wellness products and e-commerce model
    October 14, 2026
  • Politics
    PoliticsShow More
    NDC internal elections: Mahdi Gibril defends ‘high’ filing fees, cites logistical costs 
    October 14, 2026
    EC appointment controversy is about institutional integrity, not 2028 election fears – Issah Mohammed
    October 14, 2026
    Court throws out Afenyo-Markin’s GH¢15M defamation suit against Sammy Gyamfi, declares action defective
    October 14, 2026
    Mahama appeals to chiefs to support anti-galamsey fight amid deadly clashes
    October 14, 2026
    2027 Budget: Govt commits GH¢400m to boost anti-galamsey fight – Mahama
    October 14, 2026
  • Entertainment
    EntertainmentShow More
    Working alone is scary, but my fans keep me going – Larruso
    October 14, 2026
    My former manager blocked my Akon deal – Larruso
    October 13, 2026
    Edem to host Volta Region episodes of Revealed: The New Era 2.0
    October 13, 2026
    Dr Likee signs ambassadorial deal with EBA Motors
    October 12, 2026
    Social media didn’t create people, it exposed them – Okyeame Kwame
    October 12, 2026
  • Sports
    SportsShow More
    World Cup travel slots were sold, not fairly allocated – Jamaludeen Abdullah
    October 9, 2026
    I was not involved in World Cup Visa sales – Maame Efua Houadjeto
    October 9, 2026
    We did not collect money for World Cup visa opportunities – GTA
    October 9, 2026
    Youth and Sports Committee commends NYA CEO over Azumah Nelson Sports Complex revival
    October 8, 2026
    Minority demands removal of Kofi Adams, GTA boss over World Cup visa ‘scandal’
    October 7, 2026
  • Technology
    TechnologyShow More
    BoG Governor urges IMF to boost Africa’s AI and digital capabilities
    October 14, 2026
    One Million Coders Programme to create 100,000 digital jobs – Sam George
    October 13, 2026
    Yellow Card named Diamond finalist at the 2026 Money Awards
    October 1, 2026
    Samsung Galaxy Watch: A Healthier Heart Starts at Your Wrist
    October 1, 2026
    Samsung unveils Galaxy Tab S12 series ahead of Ghana launch
    October 1, 2026
  • International
    InternationalShow More
    German Ambassador calls for people-centred coastal protection in Volta Region
    October 14, 2026
    Ghana seeks value-addition partnerships at Second Russia-Africa Raw Materials Dialogue
    October 14, 2026
    FBI: $17bn seized, $670m in potential losses prevented under Operation Blackout
    October 12, 2026
    Ghana, Czech Republic explore deeper defence and security cooperation
    October 8, 2026
    Messi’s Final Dance: A Legend Bows Out in Blue and White
    October 7, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Universal Banks urged to invest in tech as consumer satisfaction for remote banking drops
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
BusinessHeadlines

Universal Banks urged to invest in tech as consumer satisfaction for remote banking drops

Starrfm.com.gh By Starrfm.com.gh Published September 24, 2023
Share
SHARE

Universal Banks in the country have been admonished to prioritize investments into technology following the in consumer satisfaction for remote and digital banking.

This comes on the back of the release of the Chartered Institute of Marketing Ghana’s (CIMG) 2022 customer Satisfaction Index Report, CIMG-CSI for the banking sector.

The report, which saw an overall improvement in the banking sector with 5 banks performing above the threshold as compared to only two banks in the 2021 report and an improvement in traditional banking however saw a dip in satisfaction of remote banking.

“For this year, we have seen an improvement where 5 banks met the threshold although the index went up by 3 digits to 98%,” Head of the Technical Committee, Dr. Ireneus Gundona revealed.

“If you look at traditional banking overall the level service quality went up by 5%. However, we had a challenge when we come to remote and digital banking, the overall industry declined by 1%”, he added.

“It is something the banks need to look at and improve technology and improve customer satisfaction when it comes to the digital and remote banking”, Dr. Gundona concluded.

President of the Chartered Institute of Marketing, Dr. Daniel Kasser-Tee on his part admonished banks to use the report as a guide to improve their services.

“Consumers of this report, particularly the banks, must learn how to put the results to good and prudent use.” he charged the banks

“They should juxtapose their performance in each area to the customer’s indication of “how important” that particular dimension is to them. Such an exercise would reveal to them areas where they may be unnecessarily strong, and areas where they need to truly improve their performance. They may then see the need to restrategise, reallocate resources and channel their energies to more pressing areas”, he added.

CEO of the Ghana Banking Association on his part assured the banks will utilize the findings to improve shortfalls in the customer service.

Below is the full CIMG-CSI Report

2022-CIMG-CSI-BANKING-REPORT-20.09.2023-Media-Copy-finalDownload

Source: Ghana/Starrfm.com.gh/103.5FM/Edem Kojo

You Might Also Like

Proceed with 20% cross-border digital services VAT – Tax Analyst to GRA

Power imbalances and cultural silence cause of rising sexual misconduct in schools – Psychologist

Weak response by GES cause of increasing sexual misconduct in schools – Appiah

Man sentenced to three months imprisonment for assaulting wife

Jimi reclamation: AGI awaits EPA permit to begin works – Oheneba Nana Kwaku Duah

TAGGED:BANKINGcimgconsumertechnologyUniversal Banks
Share This Article
Facebook Twitter Email Print
Share
Previous Article Tuwazy Apartments opens for a luxury experience
Next Article Applications of Blockchain Technology Beyond the Realm of Fintech

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?