Our last survey produced shocking results - so what will this one bring us?
To take our latest survey click here: https://www.surveymonkey.com/s/FutureOfBanking
It will take you 2 minutes & the results will be fascinating!
So why a new survey?
Earlier this year we ran a survey asking our member firms' clients what changes had been made to their banking facilities and what rates they were currently paying. When we compiled these, the national picture produced some shocking results.
Almost 50% of businesses that responded said that they'd had an adverse change to their banking facilities imposed on them by their bank, in the last 12 months! See the press coverage here http://www.enterprise-adviser.com/banks-enforce-changes-on-nearly-half-of-all-smaller-firms/
With the upcoming merger of many Natwest accounts with Santander later this year, the retreat of Clydesdale Bank from southern England, and the ongoing reorganisations as the integration of HBOS and Lloyds Banking Group continues, you'd be forgiven if you thought that the UK Banking Market had gone into meltdown. The headlines from the early days of the credit crunch may have abated slightly, but the fallout most certainly has not.
So now we are looking further forward and want to predict what other changes we may see in the banking market in the coming years. This market intelligence is essential if we are going to continue to advise SMEs in the best way possible.
So if you'd like to be a part of this survey, please complete just 8 quick questions by clicking here: https://www.surveymonkey.com/s/FutureOfBanking
And if you'd like to complete the previous survey, it's still open so click here: https://www.surveymonkey.com/s/TheCFN_BankInterest