Singapore Banks Market Summary, Competitive Analysis and Forecast to 2027

Singapore Banks Market Summary, Competitive Analysis and Forecast to 2027


Summary

Banks in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). 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 Singaporean banks industry group had total assets of $1,277.0 billion in 2022, representing a compound annual growth rate (CAGR) of 7.1% between 2017 and 2022.
  • The bank credit segment accounted for the industry group's largest proportion in 2022, with total assets of $522.2 billion, equivalent to 40.9% of the industry group's overall value.
  • The Singaporean banks industry group has expanded recently owing to several factors, such as a robust regulatory framework, a growing economy, increasing interest rates, and a highly skilled labor population. According to in-house research, the real GDP annual growth of Singapore stood at 3.6% in 2022.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Singapore
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Singapore
  • 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 Singapore banks market with five year forecasts
Reasons to Buy
  • What was the size of the Singapore banks market by value in 2022?
  • What will be the size of the Singapore banks market in 2027?
  • What factors are affecting the strength of competition in the Singapore banks market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Singapore's banks market?


1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. 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. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What have been the recent M&A activities?
8 Company Profiles
8.1. DBS Group Holdings Ltd
8.2. Oversea-Chinese Banking Corp Ltd
8.3. United Overseas Bank Ltd
8.4. Standard Chartered Bank (Singapore) Ltd
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: Singapore banks industry value: $ billion, 2017–22
Table 2: Singapore banks industry category segmentation: % share, by value, 2017–2022
Table 3: Singapore banks industry category segmentation: $ billion, 2017-2022
Table 4: Singapore banks industry geography segmentation: $ billion, 2022
Table 5: Singapore banks industry value forecast: $ billion, 2022–27
Table 6: DBS Group Holdings Ltd: key facts
Table 7: DBS Group Holdings Ltd: Annual Financial Ratios
Table 8: DBS Group Holdings Ltd: Key Employees
Table 9: DBS Group Holdings Ltd: Key Employees Continued
Table 10: Oversea-Chinese Banking Corp Ltd: key facts
Table 11: Oversea-Chinese Banking Corp Ltd: Annual Financial Ratios
Table 12: Oversea-Chinese Banking Corp Ltd: Key Employees
Table 13: Oversea-Chinese Banking Corp Ltd: Key Employees Continued
Table 14: United Overseas Bank Ltd: key facts
Table 15: United Overseas Bank Ltd: Annual Financial Ratios
Table 16: United Overseas Bank Ltd: Key Employees
Table 17: United Overseas Bank Ltd: Key Employees Continued
Table 18: Standard Chartered Bank (Singapore) Ltd: key facts
Table 19: Standard Chartered Bank (Singapore) Ltd: Key Employees
Table 20: Singapore size of population (million), 2018–22
Table 21: Singapore gdp (constant 2005 prices, $ billion), 2018–22
Table 22: Singapore gdp (current prices, $ billion), 2018–22
Table 23: Singapore inflation, 2018–22
Table 24: Singapore consumer price index (absolute), 2018–22
Table 25: Singapore exchange rate, 2018–22
List of Figures
Figure 1: Singapore banks industry value: $ billion, 2017–22
Figure 2: Singapore banks industry category segmentation: $ billion, 2017-2022
Figure 3: Singapore banks industry geography segmentation: % share, by value, 2022
Figure 4: Singapore banks industry value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the banks industry in Singapore, 2022
Figure 6: Drivers of buyer power in the banks industry in Singapore, 2022
Figure 7: Drivers of supplier power in the banks industry in Singapore, 2022
Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Singapore, 2022
Figure 9: Factors influencing the threat of substitutes in the banks industry in Singapore, 2022
Figure 10: Drivers of degree of rivalry in the banks industry in Singapore, 2022

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