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Monday, November 23 - 2009

Ethos release independent bank benchmarking study

  • United Arab Emirates: Monday, November 21 - 2005 at 09:11

Leading market research and consultancy firm, Ethos Consultancy recently released an independent analytical study on benchmarking the quality of customer service amongst banks in the region.

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Focusing on the growing retail banking segment, the study benchmarked more than 20 different aspects of the prospective customer engagement process across 28 regional and international banks operating in the UAE.

Speaking on the independent study, Robert Keay, Managing Director, Ethos Consultancy remarked,
"Through the course of our efforts, we conducted 685 online visits, 751 telephone calls and received 108 telephone calls to monitor and analyze the level of customer service in retail banking within the region. Definitely, the study gives a clear view of the different levels of customer service within the UAE market."


The study benchmarked key competencies including customer service, customer experience, product knowledge, sales skill and website performance. Apart from this, other quality factors were also analyzed and studied.

Providing a brief synopsis of the study results, Keay concluded: "The overall top performance was logged by ABN AMRO, while the top performing local bank was RAK Bank. 11 Banks when contacted by prospective customers through their website didn't manage to follow up any enquiries while on average ONLY 25% of enquiries placed through banks websites attract a response."
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About Ethos Consultancy

Ethos is a Dubai based firm specializing in delivering Business Improvement solutions for its customers. Our services include Online Feedback Management Solutions, Customer Satisfaction Research, Mystery Shopping Research, Process Improvement Consultancy and Software, plus a range of Benchmarking services relating to Customer and Service Quality.

Contact Information:

Neelofer Sheikh
Ethos Consultancy
P.O. Box 75745
Dubai, U.A.E.
Tel: +971 4 332 6315
Fax: +971 4 331 5264

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