It’s been a mixed quarter for Westpac Banking Corporation.
Two pillars, Knowledge & Expertise and Style of Communication, have kept the same score, while one pillar, Valuing the Customer, has declined -1 point and the other has increased +1 point.
In Speed of Resolving Problems, its score is now 51, up from 50 last quarter. Its customers rate them highly for how easy it is to find what they need on their website/app, as well as the outcome of their communication with Westpac’s customer service agents.
This score could increase next quarter, depending on how well it handled its most recent tech outage. The outage caused its app and online banking to stop working for thousands of its customers, preventing them from being able to access their funds.
Another area of focus should be Valuing the Customer. Its -1 point decline is likely down to 39% of its customers feeling valued/important, highlighting that 61% aren’t. Similarly, only 40% felt they understood their needs.