However, the research, which showed improvement in performance of call centres, attending to customers at branches and through websites, also said that banks needed to effectively cross-sell and collect customer data and these were the top two challenges they continue to face.
"Customer service has become quite important now and banks are focusing a lot on improving their relationship with the existing customers and retaining them by measures such as providing them with more and improved services," Halima Anderson, Director of Operations with Ethos Consultancy, told the paper.
"In 2008, a booming UAE economy meant banks could afford to ignore service quality, they focused on customer acquisition. However, 2009's crisis has created a paradigm shift."
The study also found many banks lagging in various areas, including the time taken in answering customer calls, waiting time, the way employees greeted customers, whether the customers received correct and sufficient information and follow-ups from banks.
Emirates Smart Wallet packs Emirates ID, passport and e-gate card into your smartphone
Brilliant homegrown brands in Dubai
Check out these home-grown businesses that showcase true entrepreneurial style
Dubai opens first night swimming beach in the UAE
Swim from sunset to midnight at Umm Suqeim 1 Beach
HUGE new island project announced for Dubai
Wild Wadi to move and double in size as two new islands get built next to the Burj Al Arab
Adria Arafat Nov 15, 2009 11:09 am
I have received terrible service from my bank. I am very unhappy with the customer service from my very first day - it has been one mistake after another. I have lived in Egypt, Oman, USA and never had this many problems.