Brand analysis
It’s been a positive quarter for Natwest in the Customer Effort Index. The brand has added +3 to its Overall Effort Score, which has moved it into joint 10th alongside Halifax.
Q1 2025 marks the second straight quarter that Natwest has improved its Overall Effort score. All four pillars have seen wave-on-wave increases. ‘Valuing the Customer’ is up by +2, ‘Knowledge & Expertise’ by +3 and ‘Speed of Resolving Problems’ by +2
‘Style of Communication’ has edged up by +1, so should be a key area of focus for the brand in 2025 to continue climbing the table.
In August, Natwest announced that it was giving its digital assistant – Cora – a generative AI upgrade. Its Overall Effort Score has improved by +4 since then.
But what effect will branch closures have? NatWest is planning to close more than 50 branches across the country this year. Will we see this have an impact on its CEI figures? We’ll be watching closely.