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Nigeria Banks Market Summary, Competitive Analysis and Forecast, 2017-2026

Publisher MarketLine
Published Mar 29, 2022
Length 49 Pages
SKU # MTLN17475829

Description

Nigeria Banks Market Summary, Competitive Analysis and Forecast, 2017-2026

Summary

Banks in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The banks industry profile comprises activities of banks and similar institutions, offering savings, loans, mortgages, and related financial services to consumers and businesses.
  • The Nigerian banks industry had total assets of $254.4 billion in 2021, representing a compound annual growth rate (CAGR) of 9.9% between 2016 and 2021.
  • The bank credit segment was the industry's most successful in 2021, with total assets of $83.3 billion, equivalent to 32.7% of the industry's overall value.
  • Future growth in the Nigerian banks industry is expected to be supported by the expansion of financial technology (FinTech) providers.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Nigeria
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Nigeria
  • 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 Nigeria banks market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the Nigeria banks market by value in 2021?
  • What will be the size of the Nigeria banks market in 2026?
  • What factors are affecting the strength of competition in the Nigeria banks market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Nigeria's banks market?

Table of Contents

49 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strengths of leading players?
7.4. What has been the most significant M&A activity this year?
8 Company Profiles
8.1. Access Bank Plc
8.2. Guaranty Trust Bank Ltd
8.3. United Bank for Africa Plc
8.4. Zenith Bank Plc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Nigeria banks industry value: $ billion, 2017-21
Table 2: Nigeria banks industry category segmentation: $ billion, 2021
Table 3: Nigeria banks industry geography segmentation: $ billion, 2021
Table 4: Nigeria banks industry value forecast: $ billion, 2021-26
Table 5: Nigeria banks industry share: % share, by value, 2021
Table 6: Access Bank Plc: key facts
Table 7: Access Bank Plc: Annual Financial Ratios
Table 8: Access Bank Plc: Key Employees
Table 9: Guaranty Trust Bank Ltd: key facts
Table 10: Guaranty Trust Bank Ltd: Key Employees
Table 11: Guaranty Trust Bank Ltd: Key Employees Continued
Table 12: Guaranty Trust Bank Ltd: Key Employees Continued
Table 13: Guaranty Trust Bank Ltd: Key Employees Continued
Table 14: United Bank for Africa Plc: key facts
Table 15: United Bank for Africa Plc: Annual Financial Ratios
Table 16: United Bank for Africa Plc: Key Employees
Table 17: United Bank for Africa Plc: Key Employees Continued
Table 18: United Bank for Africa Plc: Key Employees Continued
Table 19: Zenith Bank Plc: key facts
Table 20: Zenith Bank Plc: Annual Financial Ratios
Table 21: Zenith Bank Plc: Key Employees
Table 22: Nigeria size of population (million), 2017-21
Table 23: Nigeria gdp (constant 2005 prices, $ billion), 2017-21
Table 24: Nigeria gdp (current prices, $ billion), 2017-21
Table 25: Nigeria inflation, 2017-21
Table 26: Nigeria consumer price index (absolute), 2017-21
Table 27: Nigeria exchange rate, 2017-21
List of Figures
Figure 1: Nigeria banks industry value: $ billion, 2017-21
Figure 2: Nigeria banks industry category segmentation: % share, by value, 2021
Figure 3: Nigeria banks industry geography segmentation: % share, by value, 2021
Figure 4: Nigeria banks industry value forecast: $ billion, 2021-26
Figure 5: Forces driving competition in the banks industry in Nigeria, 2021
Figure 6: Drivers of buyer power in the banks industry in Nigeria, 2021
Figure 7: Drivers of supplier power in the banks industry in Nigeria, 2021
Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Nigeria, 2021
Figure 9: Factors influencing the threat of substitutes in the banks industry in Nigeria, 2021
Figure 10: Drivers of degree of rivalry in the banks industry in Nigeria, 2021
Figure 11: Nigeria banks industry share: % share, by value, 2021

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