Developments in the consumer banking sector
Consumer banking is doing bank business with individuals from various age groups and income stratum, statisfying their needs through the provision of financial products and services. The development of consumer banking has been influenced by changes in the market structure and competitive behav...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2015
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/64501 |
| _version_ | 1826118078043258880 |
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| author | Chan, Yvonne Lai Cheng Lim, Pei Fong Pung, Ying Shin |
| author2 | Marina Lee |
| author_facet | Marina Lee Chan, Yvonne Lai Cheng Lim, Pei Fong Pung, Ying Shin |
| author_sort | Chan, Yvonne Lai Cheng |
| collection | NTU |
| description | Consumer banking is doing bank business with individuals
from various age groups and income stratum, statisfying
their needs through the provision of financial products and
services. The development of consumer banking has been
influenced by changes in the market structure and
competitive behaviour and in technological advancements.
But above all, banks have realised that the changes in the
economic, social and demographic environment have created
new financial demands in consumers that need to be served.
The consumer banking segment of the financial services
industry in Singapore has grown rapidly and undergone many
changes in recent years. Competition is highly visible.
As such, it is considered appropriate that a review of the
consumer banking sector be undertaken to examine the
developing future trends for this market.
The study can generally be divided into 3 main sections.
The first part looks into the background of consumer
banking. The second part examines the forces of change
that give rise to the present plethora of consumer
banking products and services in today's market. Lastly,
the study attempts to highlight future trends in consumer
banking. |
| first_indexed | 2024-10-01T04:37:49Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/64501 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T04:37:49Z |
| publishDate | 2015 |
| record_format | dspace |
| spelling | ntu-10356/645012023-05-19T07:23:12Z Developments in the consumer banking sector Chan, Yvonne Lai Cheng Lim, Pei Fong Pung, Ying Shin Marina Lee Nanyang Business School DRNTU::Business Consumer banking is doing bank business with individuals from various age groups and income stratum, statisfying their needs through the provision of financial products and services. The development of consumer banking has been influenced by changes in the market structure and competitive behaviour and in technological advancements. But above all, banks have realised that the changes in the economic, social and demographic environment have created new financial demands in consumers that need to be served. The consumer banking segment of the financial services industry in Singapore has grown rapidly and undergone many changes in recent years. Competition is highly visible. As such, it is considered appropriate that a review of the consumer banking sector be undertaken to examine the developing future trends for this market. The study can generally be divided into 3 main sections. The first part looks into the background of consumer banking. The second part examines the forces of change that give rise to the present plethora of consumer banking products and services in today's market. Lastly, the study attempts to highlight future trends in consumer banking. BUSINESS 2015-05-27T06:07:31Z 2015-05-27T06:07:31Z 1992 1992 Final Year Project (FYP) http://hdl.handle.net/10356/64501 en Nanyang Technological University 125 p. application/pdf |
| spellingShingle | DRNTU::Business Chan, Yvonne Lai Cheng Lim, Pei Fong Pung, Ying Shin Developments in the consumer banking sector |
| title | Developments in the consumer banking sector |
| title_full | Developments in the consumer banking sector |
| title_fullStr | Developments in the consumer banking sector |
| title_full_unstemmed | Developments in the consumer banking sector |
| title_short | Developments in the consumer banking sector |
| title_sort | developments in the consumer banking sector |
| topic | DRNTU::Business |
| url | http://hdl.handle.net/10356/64501 |
| work_keys_str_mv | AT chanyvonnelaicheng developmentsintheconsumerbankingsector AT limpeifong developmentsintheconsumerbankingsector AT pungyingshin developmentsintheconsumerbankingsector |