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(MoneyNewsWire.Net, June 14, 2018 ) Banks in South Korea Market industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
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Key Leading Companies Mentioned:
Hana Financial Group Inc., KB Financial Group Inc., NongHyup Bank, Shinhan Financial Group Co Ltd
synopsis
Essential resource for top-line data and analysis covering the South Korea banks market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Key Highlights
- The banks industry profile comprises activities of banks and similar institutions, offering savings, loans, mortgages, and related financial services to consumers and businesses.
- The South Korean banks industry group had total assets of $2,986.4bn in 2017, representing a compound annual growth rate (CAGR) of 7.5% between 2013 and 2017.
- The bank credit segment was the industry group's most lucrative in 2017, with total assets of $1,844.7bn, equivalent to 61.8% of the industry group's overall value.
- A series of interest rate cuts in South Korea in recent years, in a bid to spur economic growth, has stimulated bank credit. Credit growth has been mainly boosted by household demand; household credit increased by 41.8% over 2013-2017.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in South Korea
- 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 South Korea banks market with five year forecasts
Reasons to buy
- What was the size of the South Korea banks market by value in 2017?
- What will be the size of the South Korea banks market in 2022?
- What factors are affecting the strength of competition in the South Korea banks market?
- How has the market performed over the last five years?
- What are the main segments that make up South Korea's banks market?
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