Visitors Now:
Total Visits:
Total Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Retail Banking Country Market Growth Opportunities, Analysis and Forecasts Report 2016-2021

Tuesday, November 15, 2016 1:15
% of readers think this story is Fact. Add your two cents.

(Before It's News)

RETAIL BANKING COUNTRY SNAPSHOT: NEW ZEALAND

New Zealand has a highly concentrated market for most financial products, with ANZ, ASB, and Westpac dominating the provision of current accounts, savings accounts, and mortgages. Consumers are cautious in their choice of provider, favoring those with strong reputations and nearby branches. Mobile is now a significant channel for routine transactions, although use is heavily skewed towards younger age groups. Satisfaction with digital channels is significantly higher than for branches and call centers.

Browse more detail information about Retail Banking Country Market at: http://www.absolutereports.com/retail-banking-country-snapshot-new-zealand-10406351

Key Players in Retail Banking Country Market: New Zealand

  • ASB
  • ANZ
  • BNZ
  • Harmony
  • Heartland Bank
  • Kiwi bank
  • LendMe
  • Lending Crowd
  • Squirrel Money
  • Westpac.

Get a PDF Sample of Retail Banking Country Market Report at: http://www.absolutereports.com/enquiry/request-sample/10406351   

Key Findings of Retail Banking Country Market:

  • Among consumers as a whole, reputation and branch location are the two most influential drivers of choice of current account provider, and are particularly important to post-family consumers. Younger consumers are particularly reliant on personal recommendations.
  • Borrowers overwhelmingly prefer direct application for mortgages, with 70% of all current borrowers having chosen this option. However, this has fallen slightly over time, while independent financial advisors and specialist brokers have both claimed a rising share of the market.
  • Online is the most heavily used banking channel, with a third of consumers engaging with it every day. Older consumers are as reliant on it as younger consumers. The channel is mature and hence boasts high levels of usability and functionality that appeal equally to all age groups.

—————————————————————————————————————————-

Purchase a Copy of this Report @ http://www.absolutereports.com/purchase/10406351

—————————————————————————————————————————-

 

Synopsis of Retail Banking Country Market:

Verdict Financial’s “Retail Banking Country Snapshot: New Zealand 2016” reviews the retail banking sector in New Zealand, with a particular focus on the current account, savings, mortgage, and personal loans markets. It includes both market-level data and insight from our Retail Banking Insight Survey.

The report offers insight into:

  • How consumers in New Zealand take out and use their financial products, and how this has changed in recent years.
  • Which providers dominate the current account, savings, mortgage, and loan markets, and what factors persuaded their customers to choose them.
  • The extent to which consumers are using online and mobile channels to research, take out, and use their financial products.

Reasons to Buy Retail Banking Country Market Reports:

  • Future proof your strategy with market sizing, forecasts, and analysis of key developments currently affecting New Zealand’s 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.

 

Need more details about this Report, ask our expert @ http://www.absolutereports.com/enquiry/pre-order-enquiry/10406351

 

Detailed TOC of Retail Banking Country Snapshot: New Zealand

  • Attitudes
  • Current accounts
  • Channel use
  • Savings accounts
  • Mortgages
  • Personal loans
  • Bank infrastructure and regulation

Get Discount on Retail Banking Country Market Report at:

http://www.absolutereports.com/enquiry/request-discount/10406351

About Absolute Report:
Absolute Reports is an upscale platform to help key personnel in the business world in strategizing and taking visionary decisions based on facts and figures derived from in-depth market research. We are one of the top report resellers in the market dedicated towards bringing you an ingenious concoction of data parameters.
 

Contact:
Mr. Ameya Pingaley

Absolute Reports
+1-408 520 9750
Email: sales@absolutereports.com  
www.absolutereports.com   
Get more market research related news @
www.marketresearch.news         

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.