Banks in Europe

Key Highlights

• Banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers. Market value represents the total assets held by banks or related institutions in a country in a year. The market share represents the total asset held by the companies in the specific year. Geographical segmentation measures the total assets held by commercial banks of a particular region.
• The European banking industry recorded assets of $70.48 trillion in 2024, representing a compound annual growth rate (CAGR) of 4.8% between 2019 and 2024.
• The bank credit segment accounted for the industry's largest proportion in 2024, with total assets of $30.65 trillion, equivalent to 43.5% of the industry's overall value.
• The European banking industry grew by 5.0% in 2024, primarily driven by the decline in bank lending rates, which reduces borrowing costs and encourages greater credit uptake. Lower lending rates stimulate demand for personal and business loans, leading to an expansion in the bank credit segment, which directly increases the total assets held by banks. According to the European Central Bank, the bank lending rate in France was reduced to 4.2% in August 2024, down from 4.5% in October 2023, facilitating broader access to credit.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Europe
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Europe
• Leading company profiles reveal details of key banks market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Europe banks market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the Europe banks market by value in 2024?
• What will be the size of the Europe banks market in 2029?
• What factors are affecting the strength of competition in the Europe banks market?
• How has the market performed over the last five years?
• What are the main segments that make up Europe's banks market?