Global Retail Banking Market 2016 to grow at a CAGR of 6.08% by 2020

Retail Banking market
Retail Banking market

About the Retail Banking Market

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.

Global retail banking market to grow at a CAGR of 6.08% during the period 2016-2020.

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

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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
• JPMorgan Chase

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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

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Market challenge
• Managing risks
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Market trend
• Big data analytics
• For a full, detailed list, view our report

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