Traditional banks vastly outpace digital banks in lending volume. In 2024, traditional banks extended an estimated 200 trillion U.S. dollars in loans, more than 15 times the 13 trillion U.S. dollars provided by digital banks.
Value of loans provided by the digital and traditional banking sectors worldwide from 2017 to 2024, with a forecast until 2029
(in billion U.S. dollars)
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Statista. (November 25, 2024). Value of loans provided by the digital and traditional banking sectors worldwide from 2017 to 2024, with a forecast until 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 28, 2024, from https://www.statista.com/statistics/1537819/loans-digital-traditional-banks-forecast/
Statista. "Value of loans provided by the digital and traditional banking sectors worldwide from 2017 to 2024, with a forecast until 2029 (in billion U.S. dollars)." Chart. November 25, 2024. Statista. Accessed November 28, 2024. https://www.statista.com/statistics/1537819/loans-digital-traditional-banks-forecast/
Statista. (2024). Value of loans provided by the digital and traditional banking sectors worldwide from 2017 to 2024, with a forecast until 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 28, 2024. https://www.statista.com/statistics/1537819/loans-digital-traditional-banks-forecast/
Statista. "Value of Loans Provided by The Digital and Traditional Banking Sectors Worldwide from 2017 to 2024, with a Forecast until 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Nov 2024, https://www.statista.com/statistics/1537819/loans-digital-traditional-banks-forecast/
Statista, Value of loans provided by the digital and traditional banking sectors worldwide from 2017 to 2024, with a forecast until 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1537819/loans-digital-traditional-banks-forecast/ (last visited November 28, 2024)
Value of loans provided by the digital and traditional banking sectors worldwide from 2017 to 2024, with a forecast until 2029 (in billion U.S. dollars) [Graph], Statista, November 25, 2024. [Online]. Available: https://www.statista.com/statistics/1537819/loans-digital-traditional-banks-forecast/