In 2024, traditional banks experienced a decline in net interest income of 0.69 percent, marking a significant decrease from the previous year. Digital banks performed better with a growth rate of 5.71 percent in interest income, though this also represented a decline from their prior year's performance. Statista Market Insights projects that both traditional and digital banks will show similar patterns in their interest income trajectories in the coming years, with digital banks maintaining a higher growth rate.
Net interest income change of the digital and traditional banking sectors worldwide from 2018 to 2024, with a forecast until 2029
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Statista. (November 25, 2024). Net interest income change of the digital and traditional banking sectors worldwide from 2018 to 2024, with a forecast until 2029 [Graph]. In Statista. Retrieved November 28, 2024, from https://www.statista.com/statistics/1537773/interest-income-change-digital-traditional-banks-forecast/
Statista. "Net interest income change of the digital and traditional banking sectors worldwide from 2018 to 2024, with a forecast until 2029." Chart. November 25, 2024. Statista. Accessed November 28, 2024. https://www.statista.com/statistics/1537773/interest-income-change-digital-traditional-banks-forecast/
Statista. (2024). Net interest income change of the digital and traditional banking sectors worldwide from 2018 to 2024, with a forecast until 2029. Statista. Statista Inc.. Accessed: November 28, 2024. https://www.statista.com/statistics/1537773/interest-income-change-digital-traditional-banks-forecast/
Statista. "Net Interest Income Change of The Digital and Traditional Banking Sectors Worldwide from 2018 to 2024, with a Forecast until 2029." Statista, Statista Inc., 25 Nov 2024, https://www.statista.com/statistics/1537773/interest-income-change-digital-traditional-banks-forecast/
Statista, Net interest income change of the digital and traditional banking sectors worldwide from 2018 to 2024, with a forecast until 2029 Statista, https://www.statista.com/statistics/1537773/interest-income-change-digital-traditional-banks-forecast/ (last visited November 28, 2024)
Net interest income change of the digital and traditional banking sectors worldwide from 2018 to 2024, with a forecast until 2029 [Graph], Statista, November 25, 2024. [Online]. Available: https://www.statista.com/statistics/1537773/interest-income-change-digital-traditional-banks-forecast/