Findings research questionnaire Essay

The research questionnaire had basically two parts. In the first part person-to-person data of the guest in relation to slanging practices was included. This was done to essentially categorize the customers in own(prenominal)ized and corporate class. A summary of findings as a whole that is a combined view of both the marges of this part is as given below. The banking serve most frequently used by the customers were deposits (64 %) followed by Credit/ account Cards (23 %). The selection of the bank by the customers was primarily based on location followed by the image and the service provided by the bank.This is indicated by the next percentages- Nearest brim to Residence 34 % ? Nearest lodge to postal service 21 % ? Reputation of Bank 15 % ? Overall Bank impression 12 % ? Recommendation of a friend 6 %. ? Reputation of Bank Staff 8 % There was no alternative 4 % ? every Other Reason (Please elaborate) Negligible Response. The response to the frequency o f use of banking go has been combined for both the Banks and is tabulated as follows- Frequency Personal Customer bodily Customer Daily 8 % 61 %.2-3 Times a Weeks 34 % 12 % Weekly 41 % 20 % Monthly 17 % 7 % It would be seen that most of the personal customers are weekly or bi weekly customers whereas the corporate customers are mostly daily visitors to the banks. This should enable us to cater for a greater expectancy of corporate customers in the bank, though cumulatively in numbers, it would be expected that more number of personal customers will be visiting it. Preferred mode of Utilization elan Bank of China HSBC Personal Corporate Personal Corporate meshwork 21 % 35 % 56 % 61 %.Physical 72 % 60 % 30 % 30 % Mobile Phone Banking 7 % 5 % 14 % 9 % It would be observed that there is greater use of the net profit and mobile banking by customers of the HSBC as opposed to those of Bank of China. On the separate hand it is seen that more number of corporate customers in both cases were using profit banking as opposed to personal clients, who relatively preferred fleshly banking. Mobile banking as a concept has taken roots, but it is creation used primarily by personal consumers with HSBC once again providing high figures than Bank of China.In the second part of the response to questionnaire, the experiences of the customers to strong-arm and profit banking as well as banking with respective institutions has been covered separately for for each one bank. The analysis of the findings have been carried out in the next chapter. Experiences of physical banking The general experience of physical banking has been tabulated in percentage for both the banks jointly for personal as well as the corporate customer. Bank of China HSBC The run were customer friendly 55 % 58 %.The function were timely 42 % 67 % The services were efficient 41 % 68 % There was fit follow up of the services given 31 % 54 % The services are better than Internet 76 % 43 % There was a g reater feeling of pledge than on the internet 78 % 55 % The services were more economical than on the internet 39 % 12 % My experience encourages me to continue with physical banking services 55 % 61 % Experiences of internet banking The overall experiences of internet banking are tabulated as given below-.Bank of China HSBC The services were customer friendly 32 % 66 % The services were timely 47 % 85 % The services were efficient 41 % 76 % There was adequate follow up of the services given 32 % 59 % The services are better than physical banking experience 67 % 89 b% There was a greater feeling of security than physical banking 41 % 76 % The services were more economical than physical banking 91 % 92 % My experience encourages me to continue with internet banking services 81 % 93 %.Overall Banking Experience with Bank of China or HSBC, capital of the United Kingdom The percentage responses for overall banking experience have been summarized as per Table below. depository financia l institution OF CHINA HSBC The bank is very customer friendly 54 % 67 % The services are very efficient 56 % 68 % The bank provides customized service to the customer 32 % 71 % The services are get and ethical 67 % 81 % I will continue banking with the bank in the future 63 % 76 % Chapter 5 Analysis of search