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KSA Banking Sentiment Index 

2024

Key metrics

0.1%

Industry Net Sentiment

39.9%

Al Rahji lead industry
share of voice

56.9%

Industry response rate

PWC Middle East in collaboration with DataEQ has published the KSA Banking Sentiment Index, revealing how nine of the Kingdom’s leading financial institutions compare in the eyes of consumers on social media.

The nine Saudi financial institutes included in the analysis are Al Rajhi Bank, Alinma Bank, Al Bilad Bank, Banque Saudi Fransi, Riyad Bank, Saudi National Bank, Saudi Awwal Bank, Saudi Investment Bank and STC Pay.

The index tracked public X (formerly Twitter) posts mentioning these banks. These posts were then processed using DataEQ’s unique Crowd and AI technology to analyse sentiment and factors driving customer experience.

Despite consumers having a negative overall experience with their banks, the industry saw a slight improvement from 2023, while banks received praise for their reputational performance.

ksa-banking-senitment-index-24-sentiment-yoy

KSA Banking industry sees

0.9pp

improvement in Public Net Sentiment

 

Report delves into:

  • Net Sentiment performance (overall, reputational and operational)
  • Cross-market performance
  • Customer experience
  • Customer service (response rate and time)
  • Service channel analysis

For more information on what factors are driving online praise and complaints – download the full report here