Norway Banks Market Summary, Competitive Analysis and Forecast to 2027

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 Norwegian banks industry group had total assets of $1,080.4 million in 2022, representing a compound annual growth rate (CAGR) of 6% between 2017 and 2022.
• The bank credit segment accounted for the industry group's largest proportion in 2022, with total assets of $667.2 million, equivalent to 61.8% of the industry group's overall value.
• According to the OECD, the long-term interest rates of Norwegian banks had increased significantly during the historic period, from 1.6% per annum in December 2017 to 3.0% per annum in December 2022.

Scope

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

Reasons to Buy

• What was the size of the Norway banks market by value in 2022?
• What will be the size of the Norway banks market in 2027?
• What factors are affecting the strength of competition in the Norway banks market?
• How has the market performed over the last five years?
• Who are the top competitors in Norway's banks market?