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Banks in Finland

Summary
Banks in Finland industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

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

Synopsis
Essential resource for top-line data and analysis covering the Finland banks market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Reasons To Buys
- What was the size of the Finland banks market by value in 2016?
- What will be the size of the Finland banks market in 2021?
- What factors are affecting the strength of competition in the Finland banks market?
- How has the market performed over the last five years?
- What are the main segments that make up Finland's banks 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 Finnish banks industry group had total assets of $605.4bn in 2016, representing a compound annual rate of change (CARC) of -2.3% between 2012 and 2016.

The bank credit segment was the industry group's most lucrative in 2016, with total assets of $245.0bn, equivalent to 40.5% of the industry group's overall value.

Finland's economy has been in recession for three years and this has impacted the banks as demand for credit (and the ability to repay) has been reduced. In a bid to kick start uplift in the economy, the European Commission has struck a deal with Finnish banks to offer financing for start-ups and small businesses.