The Deposits as a percentage of GDP in United Kingdom attained a value of 110.44% in 2023
The indicator recorded a historical change (bps difference) of 799.62 bps between 2020 to 2023, and is expected to reach ...
GlobalData projects the figure to change by ...
Deposits as a percentage of GDP in United Kingdom recorded a low-double-digit YoY growth in 2021
Deposits as a percentage of GDP in United Kingdom recorded a low-double-digit YoY growth in 2018, followed by a decline in 2019, and a significant growth in 2020.
Growth in the banking industry has been driven by monetary and fiscal policy. These two different governmental interventions either increase or decrease interest rates, or increase the country’s money supply by issuing more cash and increasing banks’ cash liquidity. The fluctuation in interest rates affects banks’ lending power and the profitability of lending money to consumers. Lower interest rates reduce the profits from lending money, while higher interest rates make it more profitable. Banks on the verge of collapse due to cash shortages (because of bad investments, reduced revenues, or high loan default rates) may receive cash from the government or central bank in the form of an injection in order to boost their liquidity and make them operational once more. In countries that are under economic recession, this is a common phenomenon, with governments intervening either with fiscal or monetary policy.
Five Forces Analysis
The banks market will be analyzed taking banks, bank holding companies and financial institutions holding companies as players. The key buyers will be taken as consumers and businesses, and it providers as the key suppliers.
There are numerous competitors in the banking industry, including banks, investment banks, credit unions, thrifts, advisory firms, and credit card issuers, among others, occupying one or more of the industry's numerous segments and niches. However, the banking industry is intrinsically concentrated to a few large players. Strict capital regulations are in place to secure the stability of the financial system. The nature of this business itself mean that asset concentration is reinforcing growth through economies of scale.
The banking industry serves a wide range of customer types: from mass-market individual consumers to high net-worth individuals; and from small, local businesses to major corporates. Due to the large number of buyers, the gain or loss of an individual customer is not significant, there by reducing buyer power. This is, however, not the case with large companies, some of whom generate a large amount of revenue and profit for banks. Overall, the indispensability of banking services for all types of buyers limits their bargaining power.
United States of America
United States of America
United States of America
United States of America
China
United States of America
United States of America
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