Banks in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the Norway banks market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The banks industry profile comprises activities of banks and similar institutions, offering savings, loans, mortgages, and related financial services to consumers and businesses.
The Norwegian banks industry group had total assets of $876.4bn in 2016, representing a compound annual growth rate (CAGR) of 4.6% between 2012 and 2016.
The bank credit segment was the industry group's most lucrative in 2016, with total assets of $546.0bn, equivalent to 62.3% of the industry group's overall value.
Cheap credit is helping propel lending. In June 2015, the central bank (Norges Bank) cut interest rates to a record low of 1%. This was followed by further drops to 0.75% in September 2015 and 0.5% in March 2016. It has held at this level since.
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Norway
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Norway
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 Norway banks market with five year forecasts
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What was the size of the Norway banks market by value in 2016?
What will be the size of the Norway banks market in 2021?
What factors are affecting the strength of competition in the Norway banks market?
How has the market performed over the last five years?
What are the main segments that make up Norway's banks market?