Los Angeles, CA (PRWEB) January 22, 2012
In 2011, benefiting from the expanding interest rate spread and increasing newly issued credit loans, the Commercial Banks industry in China is expected to report revenue growth of 20.3% for the year, according to IBISWorld, America’s largest publisher of industry research.
Industry revenue (defined as net operating income, including both net interest received and net fee income) is expected to total $376.2 billion in 2011, showing an annual growth of 20.8% in the last five years. Total assets held by the industry are forecast to total $13.1 trillion, while the industry is expected to have about 4,920 industry participants employing about 2.55 million employees.
In 2008, the collapse of the stock market and the sluggish real estate market did not significantly affect commercial banks in China, as shown by the high growth in profits and assets of many listed banks. Due to the low international involvement levels of Chinese banks and limited investments in US sub-prime mortgage-backed loans, the ongoing global financial crisis has had limited direct effects on the financial performance of Chinese banks. However, with slowing economies in China and internationally, commercial banks in China need to limit exposure to unserviced loans and associated risks.
In the five years through 2016, industry revenue is expected to increase by 13% per annum to reach $692.3 billion.
For more information, including profit levels, market shares, product segmentation and more, purchase IBISWorld’s full report on the Commercial Banks industry in China for $825 at ibisworld.com.
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Commercial Banks in China – Key Report Topics
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalization & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on 200 Chinese industries. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.