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Retail Banking Market in Canada: Business Overview, Future Demand and Growth Analysis to 2022 by Top Key Vendors- TD Canada Trust, RBC, Scotiabank, Bank of Montreal, CIBC, National Bank, ATB, HSBC, Canadian Western Bank

11-28-2018 06:42 PM CET | Business, Economy, Finances, Banking & Insurance

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Retail Banking Market

Retail Banking Market

Bank margins in Canada are on a downward trend, but are still well above comparable markets. Cost-to-income ratios have remained flat since 2010. Growth in credit card balances and mortgages will remain strong, although growth in personal loan balances will slow significantly between 2018 and 2022.

Companies mentioned in this reports are: TD Canada Trust, RBC, Scotiabank, Bank of Montreal, CIBC, National Bank, Desjardins, ATB, Laurentian Bank, HSBC, Canadian Western Bank, Capital One

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The report identifies macroeconomic and competitive dynamics that have affected the Canadian retail banking market over the last year, and provides insight into-

The outlook for deposits, credit cards, personal loans, and mortgages.
Net changes in market share across all four product areas.
Overall financial performance including profitability, efficiency, and income sources.

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Capital One and National Bank registered the best financial performance. Compound annual growth rates for mortgage balances and credit card balances are expected to remain above 5% for 2018-22. Desjardins was the only provider to hold or gain market share in all four product areas between 2016 and 2017.

Retail banking market report comprises key factor which can be useful for any new player in the industry. It is possible due to comparative analysis and overview that is provided in the report. By focusing on all the details in the report, it is more than enough for any newcomers entering the industry so that they can get a better knowledge and study the market before making any strategic decision.

Table of Contents

Macroeconomic Overview
Retail Deposits
Credit Cards
Personal Loans
Mortgages
Financial Ratios Market Average
Competitor Financial Performance
Appendix

Reasons to buy

Identify factors affecting growth prospects across the deposit, credit card, personal loan, and mortgage markets.
Track competitor gains/losses in market share.
Assess the financial performance of competitors.

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