Market Research Report
Germany Retail Banking 2020 - Review, Forecasts, and Future Opportunities
|Published by||GlobalData||Product code||989938|
|Published||Content info||34 Pages
Delivery time: 1-2 business days
|Germany Retail Banking 2020 - Review, Forecasts, and Future Opportunities|
|Published: February 15, 2021||Content info: 34 Pages||
Growth in the German retail banking sector has been moderate over the past decade despite being the most successful economy in the eurozone. But COVID-19 significantly altered results and performance in 2020. As things stand, in 2021 Germany appears to be at the worst point of the pandemic so far. The rollout of vaccines in the first half of 2021 should drive a return to normalcy in the latter half of 2021. Across mortgage loans, retail deposits, and credit cards Germany has seen strong growth, performing better than almost all comparable markets.
This report explores trends in the German retail banking sector and provides insight into consumer preferences and behavior. It highlights some of the most important data points available on the performance of the sector compared to other markets as well as the performance and perception of firms within the industry. New trends and innovations are also noted, as are the implications of COVID-19 for the sector.