A survey of brand strength of banks across Africa has revealed that those in Ghana do very little to fulfil their promise of delivering quality or world class banking services to their clients.
According to the survey by world-renowned brand development firm Interbrand, aggressive advertising as is the case with banks in Ghana without equal attention to customer service does not necessarily build a strong brand.
The African Bank Survey 2010 is the maiden comprehensive study to determine the strength of over 100 banks in sub Saharan Africa.
Douglass de Villiers Group Chief Executive of Interbrand told Joy Business it was evident after speaking with customers of the various banks in Ghana that service delivery was disappointing.
Mr. de Villiers also makes it clear banks have to treat branding seriously since it makes them attractive targets for multinationals interested in mergers and acquisitions.
The survey takes stock of a number of components which make up a strong brand including commitment, responsiveness, understanding, authenticity, clarity and relevance.
Source; Joy Business/Myjoyonline.com/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Volta Region to receive fair share of appointments in Mahama’s gov’t – V/R NDC Chairman
42 seconds -
Timely and strategic approach to revitalise Ghana’s agricultural sector is needed – Klutse Kudomor
4 minutes -
Fuel supply, financial challenges top priorities for energy sector – John Jinapor
9 minutes -
We won’t engage in sole sourcing for ECG private sector participation – Energy Minister-designate
15 minutes -
Photos from John Jinapor’s vetting for Energy Minister role
29 minutes -
Public procurement and corruption in Ghana: Challenges and sustainable solutions
39 minutes -
Seize campaign activities, work on rebuilding party – NPP Council of Elders tells members
56 minutes -
We don’t intend to privatise VRA and Bui Power – John Jinapor
1 hour -
Import substitution strategies in the 24-Hour Economy: A catalyst for Ghana’s practical economic growth
2 hours -
Chamber of Aquaculture urges President Mahama to nominate a Minister with agribusiness expertise
2 hours -
Energy Minister-designate sets 6-months for ECG private sector involvement framework
2 hours -
Mahama should scrap deputy ministerial position for tourism
2 hours -
Global economy remains resilient, to grow by 3.2% in 2025 – OECD
2 hours -
I’ll focus on the development of the real sector – Dr Ato Forson
2 hours -
Energy sector debt has ballooned to $3bn – John Jinapor
2 hours