Banking in Belgium

April 2026 | 41 pages | ID: BC782454644EN
MarketLine

Abstracts

Summary

Banking in Belgium industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2020-25, and forecast to 2030). 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. Market value represents the total assets held by banks or related institutions in a country in a year. The market share represents the total assets held by the companies in the specific year. Geographical segmentation measures the total assets held by commercial banks of a particular region.
• The Belgian banking industry recorded assets of $1,644.2 billion in 2025, representing a compound annual growth rate (CAGR) of 5.3% between 2020 and 2025.
• The bank credit segment accounted for the industry's largest proportion in 2025, with total assets of $668.3 billion, equivalent to 40.6% of the industry's overall value.
• The Belgian banking industry growth during 2020-25 is driven by the expanding economy, which has fueled the demand for credit, deposits, and other banking services. Economic expansion has increased the need for loans for investment, business growth, and consumer spending, resulting in higher bank revenues.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banking market in Belgium
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banking market in Belgium
• Leading company profiles reveal details of key banking market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Belgium banking market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the Belgium banking market by value in 2025?
• What will be the size of the Belgium banking market in 2030?
• What factors are affecting the strength of competition in the Belgium banking market?
• How has the market performed over the last five years?
• Who are the top competitors in Belgium's banking market?

Contents

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
2.3. Regulatory landscape

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 strategies of the leading players?
7.4. What are the latest developments in the industry?

8 COMPANY PROFILES

8.1. KBC Group NV
8.2. BNP Paribas Fortis SA/NV
8.3. Belfius Bank SA

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

LIST OF TABLES

Table 1: Belgium banking industry value: $ billion, 2020-25
Table 2: Belgium banking industry category segmentation: % share, by value, 2020-25
Table 3: Belgium banking industry category segmentation: $ billion, 2020-25
Table 4: Belgium banking industry geography segmentation: $ billion, 2025
Table 5: Belgium banking industry value forecast: $ billion, 2025-30
Table 6: Belgium banking industry share: % share, by value, 2025
Table 7: KBC Group NV: Key Facts
Table 8: KBC Group NV: Annual Financial Ratios
Table 9: KBC Group NV: Key Employees
Table 10: BNP Paribas Fortis SA/NV: Key Facts
Table 11: BNP Paribas Fortis SA/NV: Key Employees
Table 12: Belfius Bank SA: Key Facts
Table 13: Belfius Bank SA: Key Employees
Table 14: Belgium Size of Population (Million), 2021-25
Table 15: Belgium Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 16: Belgium GDP (Current Prices, $ Billion), 2021-25
Table 17: Belgium Inflation, 2021-25
Table 18: Belgium Consumer Price Index (Absolute), 2021-25
Table 19: Belgium Exchange Rate, 2020-25

List Of Figures

LIST OF FIGURES

Figure 1: Belgium banking industry value: $ billion, 2020-25
Figure 2: Belgium banking industry category segmentation: $ billion, 2020-25
Figure 3: Belgium banking industry geography segmentation: % share, by value, 2025
Figure 4: Belgium banking industry value forecast: $ billion, 2025-30
Figure 5: Forces driving competition in the banking industry in Belgium, 2025
Figure 6: Drivers of buyer power in the banking industry in Belgium, 2025
Figure 7: Drivers of supplier power in the banking industry in Belgium, 2025
Figure 8: Factors influencing the likelihood of new entrants in the banking industry in Belgium, 2025
Figure 9: Factors influencing the threat of substitutes in the banking industry in Belgium, 2025
Figure 10: Drivers of degree of rivalry in the banking industry in Belgium, 2025
Figure 11: Belgium banking industry share: % share, by value, 2025