Finance and Insurance in Turkey

August 2019 | 19 pages | ID: FF007C9ECBAEN
Euromonitor International Ltd

Abstracts

The industry expanded more slowly than the rate of inflation in 2018, as Turkey entered an economic downturn. During the year, the Turkish lira’s value depreciated sharply, causing a rapid rise in inflation and greatly impacting the local economy and the finance and insurance industry, especially as a large share of Turkish loans were taken in foreign currencies, and became more expensive to pay off. Moreover, lending was discouraged, as the country’s central and commercial banks raised interest...

Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Finance and Insurance market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, packaging innovations, economic/lifestyle influences, distribution or pricing issues. Forecasts illustrate how the market is set to change.

Product coverage: Insurance and Pension Funding, Monetary Intermediation.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Finance and Insurance market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

Headlines
Prospects
Turkish Currency and Debt Crisis Is Set To Hamper Financial Institutions' Growth
State Banks Mandated To Restructure Debts at Lower Rates
Insurance and Pension Funding Is Forecast To Witness A Steady Rate of Expansion
Competitive Landscape
Turkish Government Provides Support for Local Banks
Existing and New Players Introduce Digital Services
Industry Overview
    Chart 1 Turnover 2003-2023, LCU million
    Chart 2 Value Added 2013-2018, LCU million
    Chart 3 Profit and Profit Margin 2013-2018
    Chart 4 Turnover and Growth by Category 2018, LCU million
    Chart 5 Monetary Intermediation Turnover 2003-2023, LCU million
    Chart 6 Insurance And Pension Funding Turnover 2003-2023, LCU million
    Chart 7 Absolute Growth by Category, LCU million
Cost Structure
    Chart 8 Cost Structure 2018, LCU million
Trade
    Chart 9 Imports, Exports and Trade Balance 2013-2018, LCU million
    Chart 10 Exports 2013-2018, LCU million
    Chart 11 Exports Share by Category 2013-2018, % of Total Exports
    Chart 12 Imports 2013-2018, LCU million
    Chart 13 Imports Share by Category 2013-2018, % of Total Imports
Market Structure
    Chart 14 Market Structure by Category 2013-2018, LCU million
    Chart 15 Market Share by Category 2013-2018, % of Total Market
    Chart 16 Market Structure 2013-2018, LCU million
Buyers
    Chart 17 Market Structure by Buyer 2018, LCU million
Firmographics
    Chart 18 Employment Statistics and Productivity 2013-2018
    Chart 19 Number of Companies by Company's Size 2013-2018
    Chart 20 Firmographics Distribution by Turnover 2013-2018, % of total Turnover
    Chart 21 Industry Concentration 2013-2018, % Share of Turnover
    Chart 22 Top Companies' Shares 2018, % of Turnover
    Chart 23 Top 5 Companies' Share Dynamics 2013-2018, % of Turnover
    Chart 24 Turnover Performance by Company 2013-2018
Digital Business
    Chart 25 Share of E-Commerce Activities 2018-2023, %
    Chart 26 Number of Companies Receiving Orders Online 2013-2018
    Chart 27 Number of Companies Placing Orders Online 2013-2018
    Chart 28 Revenue from E-Commerce, 2013-2018, LCU million
Industry Context
    Chart 29 Attractiveness Index in Selected Industries 2018
    Chart 30 Industry vs GDP Performance 2003-2023, % y-o-y Growth
    Chart 31 Finance and insurance vs Other Industries 2003-2023, LCU million
    Chart 32 Industry Turnover by Region 2018, USD million
    Chart 33 Finance and Insurance in Western Europe 2003-2023, USD million