Bank Executive Survey
It’s back to basics, according to Bank Director and Grant Thornton’s 16th Bank Executive Survey. Financial institutions are focusing on reinforcing their foundations, managing risks and pursuing avenues for growth even in the current economy.
Financial institutions face unprecedented challenges today, and bankers are realistic – for the first time in the survey’s history, not a single respondent was highly optimistic about the outlook for the U.S. economy or the outlook for the business of banking for 2009. What’s more, 75 percent of CEOs believe consumer confidence in the industry has diminished. How are banks planning to restore this confidence?
Executives weighed in on the issues that will impact how their institutions move forward, including:
- credit and lending,
- funding,
- strategies for growth,
- risk management, and
- compensation.
Read the entire survey results here. Read the Bank Director article here. Read a presentation on the survey results here.
Related documents
16th Bank Executive Survey Find out how bank executives plan to cope with the economc current environment, which has been one of the most turbulent in recent years. Learn more about their top concerns and strategies for growth in this year's survey.
16th Bank Executive Survey presentation (107 KB) A companion piece to the survey, this presentation breaks down the most recent survey's findings.
Bank Director's Toughing it out in 2009: Results of the 16th Bank Executive Survey article (187 KB) The results of this year's survey show that bankers are determined to shore up their foundations and capitalize on strengths to survive the year ahead.
15th Bank Executive Survey (656 KB) This comprehensive study captures bank executives' opinions and plans for the year ahead on topics including the national economy, growth strategies, credit and lending, technology, risk management, corporate governance and compensation.
14th Annual Survey of Bank Executives (614 KB) The 2007 survey found an industry that was neither comfortable nor complacent, but looking for new opportunities and determined to succeed. Find out what bankers think about competition, funding, growth initiatives, the important factors for success and more.
Thirteenth Annual Survey of Bank Executives (618 KB) In 2006, bankers again identified retaining deposits, retaining key employees and attracting new business as the three elements important to their success; however, their confidence in their ability to achieve their goals has declined since last year.
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