New SME tool to help you choose your bank

Posted on: Monday 09 June 2014 12:04pm

 

BBISMEs are being helped to make educated decisions about choosing a bank by Business Banking Insight, a new website that shows how SMEs rate the performance and service of their banks.

Free to use, and supported by the Federation of Small Businesses and the British Chamber of Commerce, it shows results from a survey of thousands of UK SMEs, who were asked about their experience of the banks they use, and will be updated with survey data every six months.

By creating greater transparency in business banking, banks will be encouraged to improve their services, thus making banking work better for SMEs.

For more information on BBI, visit the website or check out this more detailed article on The Guardian’s website.

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