In a survey conducted in May 2020, about one quarter of the respondents in Japan reported a decrease in their use of financial services, such as withdrawals, deposits, and bank transfers, at banks following the outbreak of the coronavirus (COVID-19) pandemic. At the same time, 10 percent reported increased use of financial services via online banking and mobile applications.
Frequency of using banking services following the spread of the coronavirus (COVID-19) in Japan as of May 2020, by channel
Characteristic
Increased usage
Decreased usage
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Original survey question: "Please let us know the frequency of your use of deposits, withdrawals, and bank transfers after the spread of the novel coronavirus (since March 2020) compared to before the spread of the novel coronavirus."
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BCG. (June 11, 2020). Frequency of using banking services following the spread of the coronavirus (COVID-19) in Japan as of May 2020, by channel [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1231297/japan-banking-service-usage-frequency-during-covid-19-by-channel/
BCG. "Frequency of using banking services following the spread of the coronavirus (COVID-19) in Japan as of May 2020, by channel." Chart. June 11, 2020. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1231297/japan-banking-service-usage-frequency-during-covid-19-by-channel/
BCG. (2020). Frequency of using banking services following the spread of the coronavirus (COVID-19) in Japan as of May 2020, by channel. Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1231297/japan-banking-service-usage-frequency-during-covid-19-by-channel/
BCG. "Frequency of Using Banking Services following The Spread of The Coronavirus (Covid-19) in Japan as of May 2020, by Channel." Statista, Statista Inc., 11 Jun 2020, https://www.statista.com/statistics/1231297/japan-banking-service-usage-frequency-during-covid-19-by-channel/
BCG, Frequency of using banking services following the spread of the coronavirus (COVID-19) in Japan as of May 2020, by channel Statista, https://www.statista.com/statistics/1231297/japan-banking-service-usage-frequency-during-covid-19-by-channel/ (last visited July 03, 2024)
Frequency of using banking services following the spread of the coronavirus (COVID-19) in Japan as of May 2020, by channel [Graph], BCG, June 11, 2020. [Online]. Available: https://www.statista.com/statistics/1231297/japan-banking-service-usage-frequency-during-covid-19-by-channel/