Contact
![Contact Meredith Alda](https://cdn.statcdn.com/contactPerson/3646.jpg)
Mon - Fri, 9am - 6pm (EST)
![Contact Yolanda Mega](https://cdn.statcdn.com/contactPerson/3195.jpg)
Mon - Fri, 9am - 5pm (SGT)
![Contact Kisara Mizuno](https://cdn.statcdn.com/contactPerson/2661.jpg)
Mon - Fri, 10:00am - 6:00pm (JST)
![Contact Lodovica Biagi](https://cdn.statcdn.com/contactPerson/863.jpg)
Mon - Fri, 9:30am - 5pm (GMT)
![Contact Carolina Dulin](https://cdn.statcdn.com/contactPerson/3012.jpg)
Mon - Fri, 9am - 6pm (EST)
In Central & Western Europe, the Traditional Commercial Banking market is experiencing significant developments driven by changing customer preferences, evolving trends, local special circumstances, and underlying macroeconomic factors.
Customer preferences: Customers in Central & Western Europe are increasingly seeking personalized financial services, convenient digital banking solutions, and sustainable investment options. This shift in preferences is prompting traditional commercial banks to enhance their digital offerings, streamline their services, and incorporate ESG (Environmental, Social, and Governance) criteria into their investment portfolios to meet the evolving needs of their clientele.
Trends in the market: In countries like Germany and France, traditional commercial banks are focusing on expanding their online banking platforms, introducing mobile payment solutions, and investing in fintech partnerships to improve customer experience and remain competitive in the market. Moreover, there is a growing trend towards consolidation within the banking sector, with mergers and acquisitions becoming more prevalent as banks look to achieve economies of scale and enhance their market presence.
Local special circumstances: In Switzerland, the presence of a strong private banking sector alongside traditional commercial banks has created a unique competitive landscape. Swiss banks are known for their expertise in wealth management and financial services, attracting high-net-worth individuals and international clients. This specialization has positioned Swiss banks as key players in the global financial market.
Underlying macroeconomic factors: The low interest rate environment in Central & Western Europe is impacting the profitability of traditional commercial banks, leading them to explore alternative revenue streams and cost-cutting measures. Additionally, regulatory changes such as the implementation of Basel III requirements and the increasing focus on financial stability are shaping the strategies of banks in the region. Adapting to these macroeconomic factors is essential for the long-term sustainability and growth of traditional commercial banks in Central & Western Europe.
Data coverage:
Data encompasses B2B and B2C enterprises. Figures are based on Net Interest Income, Bank Account Penetration rate, the value of Deposits, the number of depositors, the value of Loans, the number of borrowers, Credit Card Interest Income, the number of ATMs as well as the number of Bank Branches.Modeling approach / Market size:
Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use data provided by the IMF, World Bank and the annual reports of the top 1000 Banks by asset size. Next we use relevant key market indicators and data from country-specific associations such as GDP, deposit interest rates, lending interest rates or bank account penetration rates. This data helps us to 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 particular market. For example, the S-curve function and exponential trend smoothing are well suited to forecast financial services for digital as well as traditional products and services.Additional Notes:
The market is updated twice per year in case market dynamics change.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)