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Banks in Nigeria

Banks in Nigeria

Summary

Banks in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

synopsis

Essential resource for top-line data and analysis covering the Nigeria banks market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

  • The banks industry profile comprises activities of banks and similar institutions, offering savings, loans, mortgages, and related financial services to consumers and businesses.
  • The Nigerian banks industry group had total assets of $102.6bn in 2017, representing a compound annual growth rate (CAGR) of 8.9% between 2013 and 2017.
  • The bank credit segment was the industry group's most lucrative in 2017, with total assets of $39.7bn, equivalent to 38.6% of the industry group's overall value.
  • The monetary policy relaxation was short-lived, as rising inflation led to the rebound of interest rates in mid-2016. This weakened demand for credit and led to the surge in NPLs, but that was partially offset by growth in the value of trading assets amid higher yields.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Nigeria
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Nigeria
  • Leading company profiles reveal details of key banks market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Nigeria banks market with five year forecasts
Reasons to buy
  • What was the size of the Nigeria banks market by value in 2017?
  • What will be the size of the Nigeria banks market in 2022?
  • What factors are affecting the strength of competition in the Nigeria banks market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Nigeria's banks market?


Executive Summary 2
Market value 2
Market value forecast 2
Category segmentation 2
Geography segmentation 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 9
Market value 9
Market Segmentation 10
Category segmentation 10
Geography segmentation 11
Market Outlook 12
Market value forecast 12
Five Forces Analysis 13
Summary 13
Buyer power 15
Supplier power 17
New entrants 18
Threat of substitutes 20
Degree of rivalry 22
Leading Companies 25
Access Bank Plc 25
First Bank of Nigeria Ltd 28
United Bank for Africa 31
Zenith Bank Plc 34
Macroeconomic Indicators 37
Country data 37
Methodology 39
Industry associations 40
Related MarketLine research 40
Appendix 41
About MarketLine 41
List of Tables
Table 1: Nigeria banks industry value: $ billion, 2013-17
Table 2: Nigeria banks industry category segmentation: $ billion, 2017
Table 3: Nigeria banks industry geography segmentation: $ billion, 2017
Table 4: Nigeria banks industry value forecast: $ billion, 2017-22
Table 5: Access Bank Plc: key facts
Table 6: Access Bank Plc: key financials ($)
Table 7: Access Bank Plc: key financials (NGN)
Table 8: Access Bank Plc: key financial ratios
Table 9: First Bank of Nigeria Ltd: key facts
Table 10: First Bank of Nigeria Ltd: key financials ($)
Table 11: First Bank of Nigeria Ltd: key financials (NGN)
Table 12: First Bank of Nigeria Ltd: key financial ratios
Table 13: United Bank for Africa: key facts
Table 14: United Bank for Africa: key financials ($)
Table 15: United Bank for Africa: key financials (NGN)
Table 16: United Bank for Africa: key financial ratios
Table 17: Zenith Bank Plc: key facts
Table 18: Zenith Bank Plc: key financials ($)
Table 19: Zenith Bank Plc: key financials (NGN)
Table 20: Zenith Bank Plc: key financial ratios
Table 21: Nigeria size of population (million), 2013-17
Table 22: Nigeria gdp (constant 2005 prices, $ billion), 2013-17
Table 23: Nigeria gdp (current prices, $ billion), 2013-17
Table 24: Nigeria inflation, 2013-17
Table 25: Nigeria consumer price index (absolute), 2013-17
Table 26: Nigeria exchange rate, 2013-17
List of Figures
Figure 1: Nigeria banks industry value: $ billion, 2013-17
Figure 2: Nigeria banks industry category segmentation: % share, by value, 2017
Figure 3: Nigeria banks industry geography segmentation: % share, by value, 2017
Figure 4: Nigeria banks industry value forecast: $ billion, 2017-22
Figure 5: Forces driving competition in the banks industry in Nigeria, 2017
Figure 6: Drivers of buyer power in the banks industry in Nigeria, 2017
Figure 7: Drivers of supplier power in the banks industry in Nigeria, 2017
Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Nigeria, 2017
Figure 9: Factors influencing the threat of substitutes in the banks industry in Nigeria, 2017
Figure 10: Drivers of degree of rivalry in the banks industry in Nigeria, 2017
Figure 11: Access Bank Plc: revenues & profitability
Figure 12: Access Bank Plc: assets & liabilities
Figure 13: First Bank of Nigeria Ltd: revenues & profitability
Figure 14: First Bank of Nigeria Ltd: assets & liabilities
Figure 15: United Bank for Africa: revenues & profitability
Figure 16: United Bank for Africa: assets & liabilities
Figure 17: Zenith Bank Plc: revenues & profitability
Figure 18: Zenith Bank Plc: assets & liabilities

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