The Financial Trust Factor: Ipsos Trustworthiness Index of Bankers
The Ipsos Trustworthiness Index for 2024 highlights varying levels of public trust in bankers across different countries. This data reflects global perceptions of financial professionals and their role in fostering economic confidence and stability.
Which countries have the highest trust in bankers in 2024?
Indonesia – 52%
India – 50%
Philippines – 48%
Thailand – 44%
Malaysia – 40%
South Africa – 40%
Sweden – 33%
Singapore – 32%
United States – 30%
South Korea – 30%
Canada – 30%
New Zealand – 30%
Which countries have the lowest trust in bankers in 2024?
Spain – 14%
Hungary – 14%
Poland – 15%
Colombia – 16%
Romania – 16%
Peru – 18%
Japan – 18%
Brazil – 19%
Argentina – 20%
Italy – 21%
Chile – 21%
How does trust in bankers compare to previous years?
Indonesia remains the leader in trust, although trust declined from 57% in 2023 to 52% in 2024. India saw an increase from 45% to 50%, highlighting growing confidence in the banking sector. The United States rose slightly from 28% to 30%, while Malaysia maintained stable trust at 40%.
Where does the United States rank in trust in bankers?
The United States ranks 8th with 30% trust in bankers in 2024, sharing the position with South Korea, Canada, and New Zealand. This reflects moderate confidence in financial institutions compared to countries like Indonesia and India.
Which regions report the highest trust in bankers?
Asian countries, including Indonesia, India, and the Philippines, dominate the top rankings, reflecting strong public confidence in the financial sector. African countries like South Africa also report high trust, while European nations generally show lower levels of confidence in bankers.
What factors influence trust in bankers globally?
Countries with higher trust levels often exhibit stable financial institutions, transparent banking practices, and robust regulatory frameworks. Conversely, lower trust in countries like Spain and Hungary may stem from economic instability, past financial crises, or public skepticism towards banking institutions.
