In 2021, 39.3 percent of respondents aged 60 years and above in Singapore reported that they were willing to try digital banking. In comparison, the youngest age group's willingness to try digital banking decreased from 55.9 percent to 41.2 percent between 2019 and 2021.
Willingness to try digital banks in Singapore in 2021, by age group
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Statistics on Banking industry in Singapore
Overview
5
- Premium Statistic GDP of the finance and insurance industry in Singapore 2012-2021
- Basic Statistic Total reserves in Singapore 2010-2021
- Basic Statistic Number of financial institutions in Singapore 2022, by type
- Premium Statistic Number of banks Singapore 2013-2022, by type
- Premium Statistic Number of foreign banks Singapore 2013-2022, by type
Key indicators
7
- Premium Statistic Total assets and liabilities of commercial banks in Singapore 2011-2020
- Premium Statistic Assets of commercial banks in Singapore 2022, by type
- Premium Statistic Liabilities of commercial banks in Singapore 2022, by type
- Premium Statistic Assets and liabilities of DBUs and ACUs local commercial banks Singapore 2011-2020
- Premium Statistic Assets and liabilities of DBUs and ACUs foreign commercial banks Singapore 2011-2020
- Premium Statistic Volume of credit and debit card payments Singapore 2018-2021
- Premium Statistic Value of credit and debit card payments Singapore 2018-2021
Loans and advances
6
- Premium Statistic Total loans and advances of commercial banks to residents Singapore 2021-2022
- Premium Statistic Total commercial banks consumer loans to residents Singapore 2021-2022
- Premium Statistic Total consumer loans to residents Singapore 2022, by type
- Premium Statistic Total loans and advances to businesses Singapore 2022
- Premium Statistic Value of loans and advances to businesses Singapore 2022, by sector
- Premium Statistic Commercial banks non-performing loan (NPL) ratio Singapore Q2 2022, by sector
Interest rates
4
Major local banks
7
- Premium Statistic Value of bank assets in Singapore 2002-2021
- Premium Statistic Total assets of DBS Group Holdings 2015-2021
- Premium Statistic Net profit of DBS Group Holdings 2015-2021
- Premium Statistic Total assets of OCBC Group FY 2015-2021
- Premium Statistic Net profit of OCBC Group 2017-2021
- Premium Statistic Total assets of UOB Group 2015-2021
- Premium Statistic Net profit after tax value of UOB Group 2015-2021
Digital banking
5
- Premium Statistic Online banking penetration forecast in Singapore 2013-2028
- Premium Statistic Volume of PayNow transactions Singapore 2018-H1 2021
- Premium Statistic Value of PayNow transactions Singapore 2018-H1 2021
- Premium Statistic Volume of FAST transactions Singapore 2015-2021
- Premium Statistic Value of FAST transactions Singapore 2015-2021
Consumer behavior
5
- Premium Statistic Banks customer satisfaction Singapore Q4 2021
- Premium Statistic Banks customer satisfaction in Singapore Q4 2021, by channel
- Premium Statistic Consumer preferences for digital versus traditional banks Singapore 2021
- Premium Statistic Awareness and interest in digital banking services Singapore 2021
- Premium Statistic Willingness to try digital banks Singapore 2021, by age group
Further related statistics
21
- Online banking penetration in Belgium 2005-2021
- Online banking penetration in the Netherlands 2005-2021
- Online banking penetration in Luxembourg 2005-2021
- Online banking penetration in the European Union and in the Euro area 2010-2021
- Online banking usage in Luxembourg 2003-2021, by age
- Digital banking services preferred by customers in Kenya 2021
- Online banking accounts in Germany 2013-2021, by financial institution
- MUFG Bank's number of Mitsubishi UFJ Direct online banking users FY 2017-2021
- Online banking usage in Japan 2021
- Mobile banking customers' share in the online banking sector South Korea 2017-2020
- Favorite online banking channels in Italy 2021
- Mizuho Bank's number of Mizuho Direct online banking customers 2020-2022
- Sumitomo Mitsui Banking Corporation's number of online banking customers 2019-2022
- Online banking service ratings Netherlands 2015-2020, by bank
- Leading online banking services in Japan 2021, by customer satisfaction
- Consumers' reasons to use digital banking in Turkey 2021
- Number of people using online banking in Germany 2018-2021, by frequency
- Mexico: fundraising amount of digital banking fintechs 2022
- SMBC Direct's number of active users FY 2016-2022
- Most common devices used for online banking in Japan 2021
- People in their 40s to 60s using online banking South Korea 2019-2020, by age
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Singapore Management University. (March 29, 2022). Willingness to try digital banks in Singapore in 2021, by age group [Graph]. In Statista. Retrieved January 28, 2023, from https://www.statista.com/statistics/1326990/singapore-willingness-to-try-digital-banks-by-age/
Singapore Management University. "Willingness to try digital banks in Singapore in 2021, by age group." Chart. March 29, 2022. Statista. Accessed January 28, 2023. https://www.statista.com/statistics/1326990/singapore-willingness-to-try-digital-banks-by-age/
Singapore Management University. (2022). Willingness to try digital banks in Singapore in 2021, by age group. Statista. Statista Inc.. Accessed: January 28, 2023. https://www.statista.com/statistics/1326990/singapore-willingness-to-try-digital-banks-by-age/
Singapore Management University. "Willingness to Try Digital Banks in Singapore in 2021, by Age Group." Statista, Statista Inc., 29 Mar 2022, https://www.statista.com/statistics/1326990/singapore-willingness-to-try-digital-banks-by-age/
Singapore Management University, Willingness to try digital banks in Singapore in 2021, by age group Statista, https://www.statista.com/statistics/1326990/singapore-willingness-to-try-digital-banks-by-age/ (last visited January 28, 2023)
Willingness to try digital banks in Singapore in 2021, by age group [Graph], Singapore Management University, March 29, 2022. [Online]. Available: https://www.statista.com/statistics/1326990/singapore-willingness-to-try-digital-banks-by-age/