According to a survey conducted in 2023, Indonesia had the largest share of respondents who would prefer their main bank account to be at a virtual bank. In contrast, around 68 percent of Singaporean respondents stated to prefer a traditional bank account.
Consumer preference for traditional or digital banks in Southeast Asia in 2023, by country
Characteristic
Virtual bank
Traditional bank
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Visa Inc.. (July 31, 2024). Consumer preference for traditional or digital banks in Southeast Asia in 2023, by country [Graph]. In Statista. Retrieved September 12, 2024, from https://www.statista.com/statistics/1488856/sea-preference-for-traditional-or-virtual-banks-by-country/
Visa Inc.. "Consumer preference for traditional or digital banks in Southeast Asia in 2023, by country." Chart. July 31, 2024. Statista. Accessed September 12, 2024. https://www.statista.com/statistics/1488856/sea-preference-for-traditional-or-virtual-banks-by-country/
Visa Inc.. (2024). Consumer preference for traditional or digital banks in Southeast Asia in 2023, by country. Statista. Statista Inc.. Accessed: September 12, 2024. https://www.statista.com/statistics/1488856/sea-preference-for-traditional-or-virtual-banks-by-country/
Visa Inc.. "Consumer Preference for Traditional or Digital Banks in Southeast Asia in 2023, by Country." Statista, Statista Inc., 31 Jul 2024, https://www.statista.com/statistics/1488856/sea-preference-for-traditional-or-virtual-banks-by-country/
Visa Inc., Consumer preference for traditional or digital banks in Southeast Asia in 2023, by country Statista, https://www.statista.com/statistics/1488856/sea-preference-for-traditional-or-virtual-banks-by-country/ (last visited September 12, 2024)
Consumer preference for traditional or digital banks in Southeast Asia in 2023, by country [Graph], Visa Inc., July 31, 2024. [Online]. Available: https://www.statista.com/statistics/1488856/sea-preference-for-traditional-or-virtual-banks-by-country/