According to a survey held among Southeast Asian consumers in February 2022, nearly 60 percent of the respondents chose bank accounts based on the trust and reputation of the bank. Competitive prices and fees included were a factor in opening a bank account for 7.4 percent of the respondents in Southeast Asia in 2022.
Leading factors to consider when opening a bank account in Southeast Asia in 2022
includes respondents from Myanmar, Vietnam, Laos, Thailand, Cambodia, Singapore, the Philippines, Malaysia, and Indonesia
Method of interview
Online survey
Supplementary notes
Number of respondents as follows:
Myanmar: 1,247;
Vietnam: 1,018;
Laos: 1,142
Thailand: 1,024;
Cambodia: 1,018;
Singapore: 1,092;
the Philippines: 1,114;
Malaysia: 1,334;
and Indonesia: 1,250.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Standard Insights. (September 13, 2022). Leading factors to consider when opening a bank account in Southeast Asia in 2022 [Graph]. In Statista. Retrieved December 20, 2024, from https://www.statista.com/statistics/1337692/sea-top-factors-when-opening-a-bank-account/
Standard Insights. "Leading factors to consider when opening a bank account in Southeast Asia in 2022." Chart. September 13, 2022. Statista. Accessed December 20, 2024. https://www.statista.com/statistics/1337692/sea-top-factors-when-opening-a-bank-account/
Standard Insights. (2022). Leading factors to consider when opening a bank account in Southeast Asia in 2022. Statista. Statista Inc.. Accessed: December 20, 2024. https://www.statista.com/statistics/1337692/sea-top-factors-when-opening-a-bank-account/
Standard Insights. "Leading Factors to Consider When Opening a Bank Account in Southeast Asia in 2022." Statista, Statista Inc., 13 Sep 2022, https://www.statista.com/statistics/1337692/sea-top-factors-when-opening-a-bank-account/
Standard Insights, Leading factors to consider when opening a bank account in Southeast Asia in 2022 Statista, https://www.statista.com/statistics/1337692/sea-top-factors-when-opening-a-bank-account/ (last visited December 20, 2024)
Leading factors to consider when opening a bank account in Southeast Asia in 2022 [Graph], Standard Insights, September 13, 2022. [Online]. Available: https://www.statista.com/statistics/1337692/sea-top-factors-when-opening-a-bank-account/
