Poland ranks number one as 85 percent of Poles trust banks and financial service providers with their personal data. Indonesia comes second at 70 percent and Germany and India are in third place as 68 percent of citizens in each respective country believe banks and financial service providers are competent and ethical in their management of personal data.
French citizens are last on the list at 15th position as they are the most sceptical with only 37 stating they have faith in banks and financial service providers ability to manage their personal data in a competent and ethical way.
Sweden with 61 percent and United Kingdom with 59 percent are among the other countries where over 57 percent of citizens in the respective countries have faith in banks and financial service providers with their personal data, respectively ranking fourth and fifth.
The survey was done by MoneyTransfers.com which analysed the latest data from YouGov, to establish which countries in the world most and least trust banks and financial service providers with their personal data.
Just above France is Italy in 14th place, as only 38 percent of Italians are confident about how banks and financial service providers oversee and use their personal data.
YouGov surveyed up to 2,251 individuals (adults 18+) in each of the 17 included countries: United Kingdom, United States, China, Germany, France, Italy, Denmark, Sweden, Spain, Poland, Mexico, United Arab Emirates, India, Australia, Indonesia, Hong Kong and Singapore. In each of the respective countries, those surveyed were simply asked: “Do you trust banks and financial service providers with your personal data?”