Irving, TX (PRWEB) June 09, 2012
The global banking industry faces short-term uncertainty due to the debt crises that challenge several major economies, but total industry assets are forecast to climb to an estimated US $163,058 billion in 2017 with a CAGR of 8% over the next five years.
Lucintel, a leading global management consulting and market research firm, has analyzed the global banking industry and presents its findings in “Global Banking Industry Analysis 2012-2017: Industry Trend, Profit and Forecast Analysis.”
The banking industry includes segments such as retail banking, corporate and investment banking, and asset and wealth management. The retail banking segment registered good growth during 2006-2011 and has potential to grow at an even more rapid pace over the forecast period. Europe dominates the global banking industry. The Asia Pacific banking industry, however, grew much faster than both the European and North American regions during 2006-2011. Asia Pacific continues to possess great opportunity for industry growth. Rising per capita income in the region is expected to drive consumer savings and investment in banking sector. The massive unbanked population in India and China offers immense opportunity for banking companies. The North American banking industry is anticipated to grow modestly in the near term. The Rest of World’s industry growth trajectory offers opportunity for companies to expand their business in those nations.
Lucintel’s research indicates that despite the combination of margin pressure, sluggish growth in new assets and declines in fee income, retail banking revenue should remain relatively more stable. People will always need basic banking services, and the retail segment is traditionally less volatile than the corporate and investment banking segments.
This study provides a concise overview of the global banking industry. The report tracks three industry segments for four regions; thus, it tracks 12 segments of the global banking industry. The study help executives plan for their inventory and resources. This report includes fee income earned by banks from bancassurance, but excludes the premium income from insurance.
For a detailed table of contents and pricing information on these timely, insightful reports, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency.