UK Retail Banking Market Outlook 2021: Big Things are Happening

The UK Retail Banking Market to witnessed good recovery in growth post first half of 2020 and is projected coverup market sizing during the forecast period (2021-2025). The assessment provides a 360° view and insights - outlining the key outcomes of the UK Retail Banking: Opportunities and Risks to 2025 market, current scenario analysis that highlights slowdown aims to provide unique strategies and solutions following and benchmarking key players strategies. In addition, the study helps with competition insights of emerging players in understanding the companies more precisely to make better informed decisions.

Get Free Sample Report + All Related Graphs + Charts @ https://www.htfmarketreport.com/sample-report/2289575-uk-retail-banking

If you are involved in the UK Retail Banking: Opportunities and Risks to 2025 industry or intend to be, then this study will provide you comprehensive outlook. It’s vital you keep your market knowledge up to date segmented by types, application and major players. If you are targeting different set of players/manufacturers according to regional or country of your interest we can provide customized study according to that.
The UK’s total loan balances outstanding (including credit card balances, personal loan balances, and residential mortgage balances outstanding) recorded a compound annual growth rate (CAGR) of 3.3% during 2014-18 to reach £1,626.6bn ($2,075.6bn). The majority of loan balances outstanding are from home loans, with residential mortgage balances outstanding accounting for 86.7% of total balances in 2018, followed by personal loans (8.8%) and credit cards (4.5%). However, uncertainty on account of Brexit and its impact on the economy will affect the growth of total loan balances outstanding in the coming years. As a result, we estimate total loan balances outstanding to record a subdued CAGR of 2.7% over 2019-23. The UK lending space is dominated by Lloyds Banking Group, Barclays, and RBS Group - a trend that is anticipated to continue over the coming years. However, they may face increased competition from non-bank lenders, digital banks, and digital lending platforms breaking into the market and offering low interest rates and hassle-free loan approvals. The savings market in the UK recorded a CAGR of 3.9% over 2014-18 to reach £1,433.7bn ($1,829.4bn) in 2018. The market grew at a higher rate compared to loan balances during the five-year review period due to economic uncertainty surrounding Brexit.

Based on our proprietary datasets, this report analyzes the UK lending market, with a focus on the consumer lending segment. The report discusses in detail the credit card, personal, and mortgage loan markets, covering market size, competitors’ market shares, and survey insights. The report also provides a market overview and insights on the retail deposit segment. In addition, it covers the key digital disruptors in the UK’s retail lending segment.

Scope
- In 2018, credit card balances outstanding in the UK witnessed their slowest growth in the last five years. This situation was exacerbated by the growth of point of sale (POS) finance.
- The UK personal loan market recorded a strong CAGR of 7.4% during 2014-18, supported by low interest rates and better deals by providers fighting to improve market share.
- The UK residential mortgage market registered a CAGR of 2.9% during 2014-18 primarily driven by first-time buyers.

Reasons to buy
- Make strategic decisions using top-level historic and forecast data on the UK retail lending industry.
- Identify the most promising lending segment.
- Receive detailed insights into lending in the UK, including consumer lending.
- Understand the changing market and competitive dynamics by learning about new competitors and recent deals in the retail lending space.
- Receive comprehensive coverage of the retail deposit market in the UK.

Companies Mentioned in the Report
Lloyds Banking Group
Nationwide
RBS Group
Santander (UK)
Barclays
HSBC (UK)
Coventry Building Society
Virgin Money
Yorkshire Building Society
Clydesdale Bank
TSB
Skipton Building Society
Leeds Building Society
Tesco Bank
OneSavings Bank
Metro Bank
Principality Building Society
Sainsbury’s bank
Paragon Bank
Aldermore Bank
Shawbrook bank
Secure Trust Bank
United Trust Bank
Monmouthshire Building Society
Monzo
Yolt
Starling Bank
Moneybaba
Zuto
Atom Bank
Woodford Patient Capital Trust
Toscafund
BBVA
Perscitus
Duet Private Equity and EMEA Capital

Make an enquiry before buying this Report @: @ https://www.htfmarketreport.com/enquiry-before-buy/2289575-uk-retail-banking

Reasons to Purchase this Report:
* UK Retail Banking: Opportunities and Risks Market Analysing the outlook of the market with the recent trends and SWOT analysis * UK Retail Banking: Opportunities and Risks to 2025 Market dynamics scenario, along with growth opportunities of the market in the years to come
* UK Retail Banking: Opportunities and Risks to 2025 Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects * Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* UK Retail Banking: Opportunities and Risks to 2025 Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.

Important Extracts from Table of Content
Chapter 1 Executive Summary

Chapter 2 Abbreviation and Acronyms

Chapter 3 Preface
3.1 Research Scope
3.2 Research Methodology
3.2.1 Primary Sources
3.2.2 Secondary Sources
3.2.3 Assumptions

Chapter 4 UK Retail Banking: Opportunities and Risks to 2025 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users

Chapter 5 UK Retail Banking: Opportunities and Risks to 2025 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats

Chapter 6 UK Retail Banking: Opportunities and Risks to 2025 Market Sizing & Estimates by Revenue, Sales Volume & Price

……. continued. Get 15% Discount on Immediate Purchase of Single User License @: https://www.htfmarketreport.com/buy-now?format=1&report=2289575

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Africa, Europe or Southeast Asia or Just Eastern Asia.

Contact US :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
Sales@Htfmarketreport.Com
Connect With Us At Linkedin | Facebook | Twitter

About Author:
HTF Market Report Is A Wholly Owned Brand Of Htf Market Intelligence Consulting Private Limited. HTF Market Report Global Research And Market Intelligence Consulting Organization Is Uniquely Positioned To Not Only Identify Growth Opportunities But To Also Empower And Inspire You To Create Visionary Growth Strategies For Futures, Enabled By Our Extraordinary Depth And Breadth Of Thought Leadership, Research, Tools, Events And Experience That Assist You For Making Goals Into A Reality. Our Understanding Of The Interplay Between Industry Convergence, Mega Trends, Technologies And Market Trends Provides Our Clients With New Business Models And Expansion Opportunities. We Are Focused On Identifying The “Accurate Forecast” In Every Industry We Cover So Our Clients Can Reap The Benefits Of Being Early Market Entrants And Can Accomplish Their “Goals & Objectives”.

This release was published on openPR.