Press release
Global Retail Banking Market Will Reach At CAGR Of 6.08% Between 2016-2020
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Retail banking refers to the business conducted by financial institutions directly with customers. The services offered by retail banks includes savings and transactional accounts, debit cards, credit cards, personal loans, and mortgages. Retail banking is also considered as a mass market banking for individual customers who make use of local branches of larger commercial banks. The retail banking services offer banking provision to individuals and small businesses and deal with large number of low value transactions.
Technavios analysts forecast the global retail banking market to grow at a CAGR of 6.08% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global retail banking market for 2016-2020. To calculate the market size, the following retail banking products have been taken into consideration: transactional accounts (checking accounts/current accounts), savings accounts, debit cards, automated teller machine (ATM) cards, credit cards, traveler's checks, mortgages, home equity loans, personal loans, and certificates of deposit or term deposits.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Retail Banking Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
BNP Paribas
Citigroup
HSBC
ICBC
JPMorgan Chase
Other prominent vendors
Bank of America
Barclays
China Construction Bank
Deutsche Bank
Mitsubishi UFJ Financial Group
Wells Fargo
Market driver
Quicker access to credit
For a full, detailed list, view our report
Market challenge
Managing risks
For a full, detailed list, view our report
Market trend
Big data analytics
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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