Banks in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Banks Market Research Report | SIC K64.191 | Aug 2015

Made of money: Revenue is expected to expand despite rising regulatory requirements

The Banks market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Barclays plc Barclays plc market share
HSBC Holdings HSBC Holdings market share
Lloyds Banking Group Lloyds Banking Group market share
Royal Bank of Scotland Group Royal Bank of Scotland Group market share
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

The industry returned to growth during the past five years after being battered by the financial crisis. After a period of surging revenue and profit driven by a credit boom, a strong economy and an unprecedented expansion in banking operations and products, the industry was brought to its knees by the financial crisis in late 2008. As global capital markets plunged and banks stopped lending to each other, massive asset write-downs wiped out banks' equity, resulting in the collapse of Northern Rock and forcing the partial nationalisation of those left standing. Industry revenue is expected to increase at a compound annual rate of 5% over the five years through 2015-16 to £116.7 billion. The gradual improvement in the housing market propelled industry growth... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Banks industry is in the mature phase of its life cycle. One of the main indicators of this is the already high level of private-sector debt in the United Kingdom, which, relative to the size of the economy, is among the highest in the world. This limits the scope for additional borrowing by consumers or businesses. However, the stronger economic conditions and government initiatives are expected to propel growth over the coming period. Higher interest rates should also positively influence revenue.

The industry's contribution to the economy is expected to grow at a compound annual rate of 5.2% over the 10 years through 2020-21, while the economy is expected to grow at 2.1% over the same period... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Banks Industry?

The Banks industry covers the retail and commercial banking activities of deposit-taking institutions. Retail and commercial banks accept deposits from and make loans to individuals and businesses.

Industry Products
Business loansHome loansPersonal loansBank accounts
Industry Activities
Lending to businessesLending to individualsAccepting deposits

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