Digital Banks - Burkina Faso

  • Burkina Faso
  • Net Interest Income in the Digital Banks market is projected to reach US$7.21m in 2025.
  • Net Interest Income is expected to show an annual growth rate (CAGR 2025-2028) of 4.13%, resulting in a market volume of US$8.14m by 2028.
  • In global comparison, most Net Interest Income will be generated in China (US$528.8bn in 2025).

Key regions: Singapore, Germany, United Kingdom, South Korea, China

Market
Region
Region comparison
Currency

Net Interest Income

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Notes: Data shown is using current exchange rates.

Most recent update: Mar 2024

Source: Statista Market Insights

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Notes: Data shown is using current exchange rates.

Most recent update: Mar 2024

Source: Statista Market Insights

Financial

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This report presents a comprehensive analysis and additional information on the Digital Banks market, in a PDF format.
Financial Insights Compass 2023: The Impact of Inflation on Financial Markets​ - Background Financial Insights Compass 2023: The Impact of Inflation on Financial Markets​ - Cover

Key Players

Data coverage:

The data encompasses B2C enterprises. Figures are based on transaction values / revenues / assets under management and user data of relevant services and products offered within the FinTech market.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players, industry reports, third-party reports, publicly available databases, and survey results from primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, population, internet penetration, smartphone penetration, credit card penetration, and online banking penetration. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption.

Additional notes:

The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

We are still at the earliest stages of true FinTech as the future impact of cloud computing, IoT, artificial intelligence, and blockchain cannot even be estimated yet. Each year, tech companies are digging deeper into the financial services value chain and also creating new market structures in underbanked developing countries. Pure FinTech players are now sharing the market with some banks which provide new, digital-friendly banking services and integrate digital payments, microfinancing, and robo-advisor services into existing bank accounts.

Deposits

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Notes: Data shown is using current exchange rates.

Most recent update: Mar 2024

Source: Statista Market Insights

Loans

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Notes: Data shown is using current exchange rates.

Most recent update: Mar 2024

Source: Statista Market Insights

ATMs & Bank Branches

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Most recent update: Mar 2024

Source: Statista Market Insights

Key Market Indicators

The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.

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