Market Research Report
France Retail Banking: Opportunities and Risks to 2023
|Published by||GlobalData||Product code||917375|
|Published||Content info||40 Pages
Delivery time: 1-2 business days
|France Retail Banking: Opportunities and Risks to 2023|
|Published: November 25, 2019||Content info: 40 Pages||
France's total loan balances outstanding (including credit card balances, personal loan balances, and residential mortgage balances outstanding) recorded a healthy compound annual growth rate (CAGR) of 4.4% during 2014-18 to reach €1,401.6bn ($1,605.6bn). The majority of France's loan balances outstanding are from home loans, with residential mortgage balances outstanding accounting for 80.2% of total balances outstanding in 2018, followed by personal loans (19.4%) and credit cards (0.4%). Credit card usage is low among French consumers, but has picked up in recent years. The improving health of the economy, increasing income levels, and declining unemployment are expected to aid the growth of total loan balances outstanding in the coming years.
France's credit market is dominated by Credit Agricole, Caisses d'Epargne, Credit Mutuel - CIC, BNP Paribas, and Banque Populaire. French customers continue to favor branches when applying for loans. The adoption of other channels is low compared to other developed credit markets.
Based on our proprietary datasets, this report analyzes the French lending market, with a focus on the consumer lending segment. The report discusses in detail the credit card, personal, and mortgage loan markets, covering market size, competitors' market shares, and survey insights. The report also provides a market overview and insights on the retail deposit segment. In addition, it covers the key digital disruptors in France's retail lending segment.