|
(MoneyNewsWire.Net, June 26, 2018 ) The lending and payments market comprises of all establishments engaged in lending and payments related activities such as lending, payments and transferring service. The lending and payments industry is categorized on the basis of the business model of the firms present in the industry. Some firms might come under multiple categories.
Read the report at:
https://www.thebusinessresearchcompany.com/report/lending-and-payments-global-market-report-2018
The market is valued at $7 trillion in 2017 due to the increasing demand for loans in developing countries such as Brazil, Russia, India and China.
In the report, the global lending and payments market is divided into two segments. A major portion is occupied by the lending segment which covers around 95% of the market share, whereas the remaining 5% is occupied by the cards and payments segment.
Download a sample of the report at:
https://www.thebusinessresearchcompany.com/sample.aspx?id=206&type=smp
China was the largest country in the lending and payments market in 2017, accounting for 35% market share. This can be attributed to demand for low interest loans in Chinese manufacturing sector. The USA and Brazil followed China as the next largest countries in the market.
The lending and payments market is fragmented, with few global players constituting a modest share. The top five competitors in the market made up 6% of the total market share in 2017. Industrial and Commercial Bank of China was the largest competitor of the market, followed by Agricultural Bank of China, Bank of China, JP Morgan with and Wells Fargo. Industrial and Commercial Bank of China was founded in 1984 and is based in Beijing, the People's Republic of China. Its distribution network consists of around 17,094 domestic institutions and 404 overseas institutions, as well as 1,611 correspondent banks.
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
The Business Research Company
Marketing TBRC
+91 8897263534
Marketing@tbrc.info
Source: EmailWire.Com 
|
