• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

CIMG Customer Satisfaction Index Highlights Improved Customer Service Quality for 2023

11 months ago
in Business, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
71
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

CIMG Customer Satisfaction Index Highlights Improved Customer Service Quality for 2023

Dr. Kwesi Osei-Yeboah, Head of Financial Stability at the Bank of Ghana, highlighted significant improvements in customer service quality during the Media Launch of the 2023 Ghana Customer Satisfaction Index (GH-CSI) report, hosted by the Chartered Institute of Marketing, Ghana (CIMG).

According to Dr. Osei-Yeboah, customer satisfaction in traditional banking services reached 95% in 2022, signaling excellent service delivery by financial institutions.

He stressed that fair treatment of customers and product transparency are key pillars for sustainable growth in the banking sector, asserting that the Bank of Ghana (BoG) has prioritized customer protection and the equitable treatment of clients through the implementation of regulatory frameworks to ensure financial institutions uphold high ethical standards.

Dr. Osei-Yeboah emphasized that financial institutions must adopt robust procedures for managing customer complaints. This includes tracking complaints with unique registration numbers and resolving them within 20 working days. Furthermore, he called for banks to provide written responses to complainants, including summaries of complaints, outcomes, and information on the appeal process.

In line with promoting financial system stability, BoG’s supervision now also focuses on enhancing customer experiences, encouraging equitable access to banking services, and ensuring financial inclusion. Dr. Osei-Yeboah noted the importance of financial literacy and urged banks to expand education programs, particularly for vulnerable groups.

Fraud protection remains a priority, and he urged banks to improve security systems, adopt multi-factor authentication, and strengthen internal controls. Recent fraud reports have pointed to issues like cash suppression, which Dr. Osei-Yeboah urged banks to tackle head-on.

RelatedPosts

Ghana Football Association Introduces Minimum Salaries: GHS 1,500 for Premier League, GHS 700 for Division One and Women’s Leagues

CEOs, Executives, and Entrepreneurs Set to Gather for Transformative Leadership Dialogue in Ghana

Morocco Breaks Into Africa’s Gold Powerhouses With Discovery Of High-Grade Deposits

The BoG official commended the decline in customer complaints by 29% in 2023 compared to the previous year, attributing this success to proactive customer service measures taken by banks. He applauded the industry’s efforts while challenging banks to continue improving service quality and product offerings.

The GH-CSI findings revealed that customer satisfaction scores for consumer and business banking had fluctuated over the past few years. While consumer banking satisfaction stood at 93.8% in 2023, down from 98.2% in 2022, business banking saw a similar decline from 99.5% to 94.8%.

Dr. Osei-Yeboah concluded by urging financial institutions to strive for excellence, transparency, and fairness, reminding the audience that customer satisfaction is central to the success of the banking sector. He affirmed the BoG’s commitment to fostering a customer-centric banking environment, vital for driving Ghana’s economic development.

 

Tags: CIMGCIMG Customer Satisfaction Index Highlights Improved Customer Satisfaction in Financial Services for 2023Customer SatisfactionCustomer Satisfaction IndexFinancial Services

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Repealing Ghana’s Forest-Reserve Mining Regulations: Navigating the Path From L.I. 2462 to L.I. 2501 and Beyond

Gov’t Moves to Merge Telecel Ghana and AT Ghana to Stem Losses, Protect Jobs

GTDC Launches New Tourism Platforms and Awards Scheme to Boost Sector Competitiveness

US Open: Osaka Reaches Last Four; Anisimova Upsets Swiatek to Reach Semis

GSE Composite Index Advances as GCB Surpasses 70% YTD Return

FIFA Unveils Dynamic Pricing for 2026 World Cup Tickets Ranging from $60 to $6,730

Trending

Features

Ghana Football Association Introduces Minimum Salaries: GHS 1,500 for Premier League, GHS 700 for Division One and Women’s Leagues

September 4, 2025

Ghana Football Association Introduces Minimum Salaries: GHS 1,500 for Premier League, GHS 700 for Division One and...

CEOs, Executives, and Entrepreneurs Set to Gather for Transformative Leadership Dialogue in Ghana

September 4, 2025

Morocco Breaks Into Africa’s Gold Powerhouses With Discovery Of High-Grade Deposits

September 4, 2025

Repealing Ghana’s Forest-Reserve Mining Regulations: Navigating the Path From L.I. 2462 to L.I. 2501 and Beyond

September 4, 2025

Gov’t Moves to Merge Telecel Ghana and AT Ghana to Stem Losses, Protect Jobs

September 4, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.