According to a survey in Singapore as of July 2022, about 57.2 percent of respondents stated that the trust and reputation of the bank were the most important factor to consider when they were opening a bank account. Other important factors to consider were their customer support and the accessibility of the bank, as stated by 27.49 percent and 19.93 percent of the respondents, respectively.
Leading factors to consider when opening a bank account among consumers in Singapore as of July 2022
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Statistics on
About the industry
10
- Premium Statistic Number of K Bank customers South Korea 2020-2022
- Premium Statistic Share of digital bank customers South Korea 2023, by age
- Premium Statistic State Bank of India's total income FY 2015-2023
- Premium Statistic State Bank of India's net profit FY 2015-2023
- Premium Statistic State Bank of India's return on equity FY 2015-2023
- Premium Statistic State Bank of India's return on assets FY 2015-2023
- Premium Statistic State bank of India's expenses to income ratio FY 2015-2023
- Premium Statistic Number of digital bank customers South Korea 2021, by bank
- Premium Statistic Time of last visit in bank branch in the U.S. 2016
- Premium Statistic NIM of domestic banks South Korea 2015-2022
About the region
10
- Basic Statistic Number of ATMs in Singapore 2012-2021
- Basic Statistic Number of bank branches in Singapore 2005-2016
- Basic Statistic Deposit interest rates in Singapore 2007-2021
- Basic Statistic Real interest rates in Singapore 2012-2021
- Basic Statistic Number of financial institutions in Singapore 2023, by type
- Premium Statistic ROA share of DBS Group Holdings 2015-2023
- Premium Statistic Total income of DBS Group Holdings 2015-2023
- Premium Statistic Net profit of DBS Group Holdings 2015-2023
- Premium Statistic Total assets of DBS Group Holdings 2015-2023
- Premium Statistic Total liabilities of DBS Group Holdings 2015-2023
Selected statistics
10
- Basic Statistic Return on average common shareholder equity at Goldman Sachs 2009-2023
- Premium Statistic Employee compensation and benefits at Deutsche Bank 2006-2022
- Premium Statistic Leading banks in the Middle East in 2023, by brand value
- Basic Statistic Net revenue from investment banking at Goldman Sachs 2009-2023
- Basic Statistic Total assets of Banco Santander 2001-2023
- Basic Statistic Assets of all central banks globally 2002-2022
- Basic Statistic Net revenue from investing and lending at Goldman Sachs 2009-2021
- Premium Statistic Number of Deutsche Bank customers 2012-2014, by segment
- Premium Statistic Operating income of the Industrial and Commercial Bank of China 2012-2022
- Basic Statistic Total assets of the Industrial and Commercial Bank of China 2012-2022
Other regions
10
- Premium Statistic Number of digital and mobile app users in select European banks 2017
- Premium Statistic Average interest rate on checking account in the U.S. 1998-2014
- Premium Statistic Leading banking brands India 2023, by brand value
- Premium Statistic Digital banking usage in Germany 2014, by age group
- Premium Statistic Italy: usage of home banking systems 2017
- Premium Statistic Number of commercial bank branches in Angola 2005-2020
- Premium Statistic Online banking gross transaction volume in China 2011-2019
- Premium Statistic Number of adults with a bank account in Africa from 2012 to 2022
- Premium Statistic Market shares of domestic and foreign banks in Bulgaria in 2018
- Premium Statistic Comparison of mortgage owner's satisfaction with major banks Australia 2019
Related statistics
10
- Premium Statistic Total assets of commercial banks Indonesia 2014-2023
- Premium Statistic Value of funds distributed by banks Indonesia 2014-2023
- Premium Statistic Interest rate on savings of regional development banks in Indonesia 2014-2023
- Premium Statistic Value of funds distributed by rural banks Indonesia 2014-2023
- Premium Statistic Total assets of rural banks Indonesia 2014-2023
- Premium Statistic Number of commercial banks Indonesia 2014-2023
- Premium Statistic Number of rural banks Indonesia 2014-2023
- Premium Statistic Number of commercial bank offices Indonesia 2014-2023
- Premium Statistic Average interest rate on demand deposits of commercial banks in Indonesia 2014-2023
- Premium Statistic Number of rural bank offices Indonesia 2014-2023
Further related statistics
10
- Value of Target2 payments in Eurozone 2008-2021
- Prepaid debit card use in U.S. households 2013-2019, by tenure
- U.S. cell phone owners who use mobile banking 2013, by ethnicity
- Senior chief financial officer salary per annum in Switzerland 2023
- Revenue of the Bank of Communications 2022
- Total assets of the Bank of Communications 2012-2022
- Total assets of the China Construction Bank 2012-2022
- Post-tax return on average tangible shareholders' equity at Deutsche Bank 2006-2023
- Net interest income of Deutsche Bank 2006-2023
- Profit development of Santander group 2001-2023
Further Content: You might find this interesting as well
Statistics
- Value of Target2 payments in Eurozone 2008-2021
- Prepaid debit card use in U.S. households 2013-2019, by tenure
- U.S. cell phone owners who use mobile banking 2013, by ethnicity
- Senior chief financial officer salary per annum in Switzerland 2023
- Revenue of the Bank of Communications 2022
- Total assets of the Bank of Communications 2012-2022
- Total assets of the China Construction Bank 2012-2022
- Post-tax return on average tangible shareholders' equity at Deutsche Bank 2006-2023
- Net interest income of Deutsche Bank 2006-2023
- Profit development of Santander group 2001-2023
Standard Insights. (September 13, 2022). Leading factors to consider when opening a bank account among consumers in Singapore as of July 2022 [Graph]. In Statista. Retrieved May 05, 2024, from https://www.statista.com/statistics/1341481/singapore-main-factors-when-opening-a-bank-account/
Standard Insights. "Leading factors to consider when opening a bank account among consumers in Singapore as of July 2022." Chart. September 13, 2022. Statista. Accessed May 05, 2024. https://www.statista.com/statistics/1341481/singapore-main-factors-when-opening-a-bank-account/
Standard Insights. (2022). Leading factors to consider when opening a bank account among consumers in Singapore as of July 2022. Statista. Statista Inc.. Accessed: May 05, 2024. https://www.statista.com/statistics/1341481/singapore-main-factors-when-opening-a-bank-account/
Standard Insights. "Leading Factors to Consider When Opening a Bank Account among Consumers in Singapore as of July 2022." Statista, Statista Inc., 13 Sep 2022, https://www.statista.com/statistics/1341481/singapore-main-factors-when-opening-a-bank-account/
Standard Insights, Leading factors to consider when opening a bank account among consumers in Singapore as of July 2022 Statista, https://www.statista.com/statistics/1341481/singapore-main-factors-when-opening-a-bank-account/ (last visited May 05, 2024)
Leading factors to consider when opening a bank account among consumers in Singapore as of July 2022 [Graph], Standard Insights, September 13, 2022. [Online]. Available: https://www.statista.com/statistics/1341481/singapore-main-factors-when-opening-a-bank-account/