Monday 15 October 2018

Increasing Adoption Of Digitization By Banks To Improve Productivity In The Global Lending Market (Companies Included: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, Citigroup Inc, JP Morgan)


The lending market comprises establishments engaged in making secured or unsecured loans to various entities. Entities include establishments such as finance companies, personal credit institutions, loan companies and student loans companies. This market covers all types of loans such as mortgage loan, personal loan, working capital loan, vehicle loan, industrial loans and others. Revenue generated from the lending market includes all the interest charges levied by the banks and financial institutions against loan sanctioned. This market includes interest charged by the banks on credit card and other cards.

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The global lending market has been growing in the past years with a CAGR of almost 6%. The year 2017 recorded high growth in this market with a net market value almost 20% higher than that of 2013, as per TBRC’s in-house consultants.
TBRC’s latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.
The report also shows the global lending market to grow at a higher CAGR by 2021 as compared to 2017, along with geographies best suited for investments with highest return rate.

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