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Banks in the UK: Market Research Report

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

Banks Market Research Report | SIC K64.191 | Jul 2016

Banking on support: Firms are set to struggle as competition grows and interest rates remain low

IBISWorld’s Banks market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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
Revenue
£121bn
Annual Growth 12-17
4.5%
Annual Growth 17-22
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Profit
Purchase to read more
Employment
356,273
Businesses
331
Industry Analysis & Industry Trends

Over the past five years, increases in retail lending activity, prompted by an upturn in the housing market, have supported growth in the industry. The flow of credit available to banks also improved. Industry revenue is expected to increase at a compound annual rate of 4.5% over the five years through 2016-17. However, commercial lending activity remained weak, despite beginning to improve during the latter part of the period, and constrained industry growth. The tightening regulatory environment and very strict lending criteria also restricted lending activity and curbed industry expansion. In addition, the low interest rate environment curbed growth over the past five years.

In 2016-17, IBISWorld expects revenue to expand by 3.9% to £121 billion... purchase to read more

Industry Report - Industry Products Chapter

Banks generate revenue by charging interest on loans and charging fees to administer, maintain and process loans, transactions and bank accounts. They pay interest to the depositors and wholesale funding markets that provide them with funds to lend. To achieve a profit margin, banks aim to earn interest and fee revenue that is greater than the interest they pay.

Business loans

Businesses borrow from banks to finance their investments and operations. Business loans are flexible. They can be secured or unsecured, with a fixed or variable interest rate, and can be used for a variety of purposes. This can range from long-term loans for large investments, such as new property and equipment, to short-term operating loans for expenses such as inventory purchases or payroll. Bus.. 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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