Banking Ombudsman Annual Report 2015

Banking Ombudsman Annual Report 2015

The Ombudsman for Banking Services (OBS) has released its Annual Report for 2015 which provides instances of different cases that have been resolved by the Ombudsman.

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Analysis of the last three years’ data reveal that bankers continue to keep customers informed about the existence of the Ombudsman. The percentage of clients knowing about the Ombudsman has increased from 44% in 2013, to around 49% in 2015.

This seems to indicate that banks are committed to resolving customer complaints in a timely and effective manner. Furthermore, word of mouth amongst clients has also increased marginally from 45% in 2013 and 2014, to around 47% in 2015.

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