2021 Hong Kong Retail Banking Market Report- Competitor Benchmarking

With quality analysis, the Hong Kong Retail Banking Market research report offers Porter’s five forces, SWOT and PEST analysis, to examine the global Hong Kong Retail Banking Market precise in addition, it. Hong Kong Retail Banking Market provides in-depth data on marketing strategy, manufacturing cost, upstream and downstream buyers, distributors, marketing channel development trends of the worldwide Hong Kong Retail Banking Market.

Get FREE PDF Sample of the Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4923893

Despite the impact of COVID-19, banks in Hong Kong remain well capitalized and ready to support recovery going forward. All incumbents increased their total divisional assets (TDA) in 2020. Although the threat of a long-term low-rate environment persists, profitability is unlikely to be affected as banks focus on controlling costs and non-interest income. As net interest margins across the banking sector compress due to the need for ultra-low interest rates, the importance of non-price factors has become significantly more important in the banking space.

Hong Kong Retail Banking Market Report which is part of a series of Hong Kong content including market analysis and consumer profiles - looks at market performance, retention risk, and current account market share. It ranks Hong Kong’s top banks across a range of criteria, from digital adoption and user experience to rewards and money management tools.

Scope of this Report-
- Use of digital channels peaked in 2020. However, reversion to pre-pandemic habits appears to be underway. Standard Chartered, HSBC, Hang Seng Bank, and Bank of China are all experiencing greater branch usage in 2021 than in 2020.
- 38% of Citibank customers have joined within the last five years, suggesting its customer acquisition efforts have been successful.
- HSBC leads the way in terms of cross-selling, with 20% of its customers holding three products with the bank. Challengers ZA Bank and Mox Bank struggle in this regard due to a lack of services.

Reasons to Buy this Report-
- Discover which banks in Hong Kong are performing best.
- Learn which banks are under threat and are perceived as behind the curve by customers.
- Understand the Hong Kong retail banking landscape and how it may develop based on key performance indicators.

Get Discount on Purchase this Report @ https://www.reportsnreports.com/purchase.aspx?name=4923893

Table of Contents
Executive Summary
Financial Performance, Market Share, and Cross Selling
Channel Visitation Trends and Digital Adoption
Customer Satisfaction
Appendix

+ 1 888 391 5441
sales@reportsandreports.com

ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.

This release was published on openPR.