Italy Retail Banking thrives on Household’s Ecosystem


Published on : Dec 03, 2019

Banking system in Italy includes commercial banks which are strongly oriented towards retail banking. Italy retail banking is based on conventional approach and receives funding from households as deposits. It supports households and small-sized enterprises financially.

Italy retail banking offers all types of fundamental services that include consumer credits and loans. It is based on conventional credit intermediation approach where deposits are received from households and finance is provided to small businesses. It aims to build long lasting customer relationship and satisfies all types of household requirements. Italy retail banking witnessed loan balances outstanding which grew at 1.1% CAGR in the period 2014-2018. Credit card balances outstanding segment recorded rapid growth in the same time period. Italy’s economic growth has been deaccelerating from 2018 owing to the instable political environment and decrease in investments.

An intelligence report titled, “Italy Retail Banking: Opportunities and Risks to 2023” is the source of all the stated insights. This report is the latest addition to Market Research Hub’s ever growing repository

Italy is accounted to be amongst the countries with slowest growth. Many factors including growing unemployment rates, average disposable income and rise in borrowing costs contribute significantly in slowing down the growth. The loan balances outside is projected to grow with 1.4% CAGR in the forecast period 2019-2023. Savings rate for households declined to 8.9% in the year 2018 which used to be 10.4% in 2014. Retail deposit balances in Italy retail bank registers slow growth with declining interest rates of deposits. The deposit market of retail banking is anticipated to grow at 1% CAGR in the forecast period to attain a value of 1.4tn by the end of the forecast period.

Italy retail banking: Report Synopsis

Quantitative and qualitative assessment exhort intelligence and overarching report on the Italy retail banking. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the Italy retail banking. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on Italy retail banking.

An insightful and deep-dive assessment of the competitive assessment of the Italy retail banking pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the Italy retail banking. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.

Italy retail banking: Research Methodology

Primary sources and secondary sources propel intelligence report on Italy retail banking that provide deep dive analysis on the market. As such, the report provides reliable and unbiased projections, and assessments which have palpable impact on the market size and historical data. Besides, the report also counts on primary sources which hinges upon in-depth and intelligent analysis from well-grounded and reliable experts, telephonic interview, and a thorough assessment from surveys and seasoned analyst.

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