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GTBank emerges the 2020 Best Digital Bank in Nigeria – Survey

Guaranty Trust Bank ranked highest in user experience in the third edition of consumer banking satisfaction index.

Mariam Dabiri, Senior Analyst, Financial Institutions Ratings, Agusto & Co, in a Statement said the results from the index provided insights to improved customer experience.

The Eagle Online

GTBank emerges the 2020 Best Digital Bank in Nigeria – Survey

A research and credit rating agency, Agusto & Co, on Monday disclosed that Guaranty Trust Bank ranked highest in user experience in the third edition of consumer banking satisfaction index.

Mariam Dabiri, Senior Analyst, Financial Institutions Ratings, Agusto & Co, in a statement said the results from the index provided insights to improved customer experience.

Consumer Banking Satisfaction Index dissects the level of customer satisfaction towards digital banking channels in Nigeria

According to the statement, the objective of the Index was to create an independent appraisal of the ease of using digital banking platforms by the Nigerian public following increased competition by banks on digital platforms as well as the growing quest for higher electronic banking income by Nigerian banks.

It said the consumer banking satisfaction index revealed customers’ preferences towards digital banking channels in some selected banks in Nigeria.

Dabiri said: “As revealed by the report, GTBank emerged the Best Digital Bank in Nigeria with a user experience score of 74.2. Zenith Bank was the highest-ranked bank in the 2019 edition, with a score of 74.2 but dropped to the 4th position this year (a score of 70.9) due to lower ratings in transaction success rates, troubleshooting & IT support.

“The 2020 Consumer Digital Banking Satisfaction Survey targeted a focus group of respondents drawn from the formal and informal sectors of the economy. The coverage banks indicated in the survey are also top 10 commercial banks based on the value of total assets and contingents as at 31 December 2019.

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