Banks in Belgium

Banks in Belgium
Summary

Banks in Belgium industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers.
• The Belgian banks industry group recorded assets of $1,615.9 billion in 2023, representing a compound annual growth rate (CAGR) of 5.5% between 2018 and 2023.
• The bank credit segment accounted for the industry group's largest proportion in 2023, with total assets of $679.2 billion, equivalent to 42.0% of the industry group's overall value.
• In 2023, the revenue of the Belgian banks industry group witnessed an annual growth of 2.3%. The growth is attributed to the reduction in inflationary pressure which resulted in a lowering of interest rate, hence boosting the demand for loans.

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Belgium
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Belgium
• 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 Belgium banks market with five year forecasts

• What was the size of the Belgium banks market by value in 2023?
• What will be the size of the Belgium banks market in 2028?
• What factors are affecting the strength of competition in the Belgium banks market?
• How has the market performed over the last five years?
• What are the main segments that make up Belgium's banks market?