Nigeria Banks Market Summary, Competitive Analysis and Forecast, 2017-2026
Nigeria Banks Market Summary, Competitive Analysis and Forecast, 2017-2026
SUMMARY
Banks in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-21, and forecast to 2026). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Banks in Nigeria industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-21, and forecast to 2026). 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 Nigerian banks industry had total assets of $254.4 billion in 2021, representing a compound annual growth rate (CAGR) of 9.9% between 2016 and 2021.
- The bank credit segment was the industry's most successful in 2021, with total assets of $83.3 billion, equivalent to 32.7% of the industry's overall value.
- Future growth in the Nigerian banks industry is expected to be supported by the expansion of financial technology (FinTech) providers.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Nigeria
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Nigeria
- 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 Nigeria banks market with five year forecasts by both value and volume
- What was the size of the Nigeria banks market by value in 2021?
- What will be the size of the Nigeria banks market in 2026?
- What factors are affecting the strength of competition in the Nigeria banks market?
- How has the market performed over the last five years?
- Who are the top competitors in Nigeria'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 share
1.6. Market rivalry
1.7. 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. Market share
7.2. Who are the leading players?
7.3. What are the strengths of leading players?
7.4. What has been the most significant M&A activity this year?
8 COMPANY PROFILES
8.1. Access Bank Plc
8.2. Guaranty Trust Bank Ltd
8.3. United Bank for Africa Plc
8.4. Zenith Bank Plc
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
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
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 strengths of leading players?
7.4. What has been the most significant M&A activity this year?
8 COMPANY PROFILES
8.1. Access Bank Plc
8.2. Guaranty Trust Bank Ltd
8.3. United Bank for Africa Plc
8.4. Zenith Bank Plc
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: Nigeria banks industry value: $ billion, 2017-21
Table 2: Nigeria banks industry category segmentation: $ billion, 2021
Table 3: Nigeria banks industry geography segmentation: $ billion, 2021
Table 4: Nigeria banks industry value forecast: $ billion, 2021-26
Table 5: Nigeria banks industry share: % share, by value, 2021
Table 6: Access Bank Plc: key facts
Table 7: Access Bank Plc: Annual Financial Ratios
Table 8: Access Bank Plc: Key Employees
Table 9: Guaranty Trust Bank Ltd: key facts
Table 10: Guaranty Trust Bank Ltd: Key Employees
Table 11: Guaranty Trust Bank Ltd: Key Employees Continued
Table 12: Guaranty Trust Bank Ltd: Key Employees Continued
Table 13: Guaranty Trust Bank Ltd: Key Employees Continued
Table 14: United Bank for Africa Plc: key facts
Table 15: United Bank for Africa Plc: Annual Financial Ratios
Table 16: United Bank for Africa Plc: Key Employees
Table 17: United Bank for Africa Plc: Key Employees Continued
Table 18: United Bank for Africa Plc: Key Employees Continued
Table 19: Zenith Bank Plc: key facts
Table 20: Zenith Bank Plc: Annual Financial Ratios
Table 21: Zenith Bank Plc: Key Employees
Table 22: Nigeria size of population (million), 2017-21
Table 23: Nigeria gdp (constant 2005 prices, $ billion), 2017-21
Table 24: Nigeria gdp (current prices, $ billion), 2017-21
Table 25: Nigeria inflation, 2017-21
Table 26: Nigeria consumer price index (absolute), 2017-21
Table 27: Nigeria exchange rate, 2017-21
Table 1: Nigeria banks industry value: $ billion, 2017-21
Table 2: Nigeria banks industry category segmentation: $ billion, 2021
Table 3: Nigeria banks industry geography segmentation: $ billion, 2021
Table 4: Nigeria banks industry value forecast: $ billion, 2021-26
Table 5: Nigeria banks industry share: % share, by value, 2021
Table 6: Access Bank Plc: key facts
Table 7: Access Bank Plc: Annual Financial Ratios
Table 8: Access Bank Plc: Key Employees
Table 9: Guaranty Trust Bank Ltd: key facts
Table 10: Guaranty Trust Bank Ltd: Key Employees
Table 11: Guaranty Trust Bank Ltd: Key Employees Continued
Table 12: Guaranty Trust Bank Ltd: Key Employees Continued
Table 13: Guaranty Trust Bank Ltd: Key Employees Continued
Table 14: United Bank for Africa Plc: key facts
Table 15: United Bank for Africa Plc: Annual Financial Ratios
Table 16: United Bank for Africa Plc: Key Employees
Table 17: United Bank for Africa Plc: Key Employees Continued
Table 18: United Bank for Africa Plc: Key Employees Continued
Table 19: Zenith Bank Plc: key facts
Table 20: Zenith Bank Plc: Annual Financial Ratios
Table 21: Zenith Bank Plc: Key Employees
Table 22: Nigeria size of population (million), 2017-21
Table 23: Nigeria gdp (constant 2005 prices, $ billion), 2017-21
Table 24: Nigeria gdp (current prices, $ billion), 2017-21
Table 25: Nigeria inflation, 2017-21
Table 26: Nigeria consumer price index (absolute), 2017-21
Table 27: Nigeria exchange rate, 2017-21
LIST OF FIGURES
Figure 1: Nigeria banks industry value: $ billion, 2017-21
Figure 2: Nigeria banks industry category segmentation: % share, by value, 2021
Figure 3: Nigeria banks industry geography segmentation: % share, by value, 2021
Figure 4: Nigeria banks industry value forecast: $ billion, 2021-26
Figure 5: Forces driving competition in the banks industry in Nigeria, 2021
Figure 6: Drivers of buyer power in the banks industry in Nigeria, 2021
Figure 7: Drivers of supplier power in the banks industry in Nigeria, 2021
Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Nigeria, 2021
Figure 9: Factors influencing the threat of substitutes in the banks industry in Nigeria, 2021
Figure 10: Drivers of degree of rivalry in the banks industry in Nigeria, 2021
Figure 11: Nigeria banks industry share: % share, by value, 2021
Figure 1: Nigeria banks industry value: $ billion, 2017-21
Figure 2: Nigeria banks industry category segmentation: % share, by value, 2021
Figure 3: Nigeria banks industry geography segmentation: % share, by value, 2021
Figure 4: Nigeria banks industry value forecast: $ billion, 2021-26
Figure 5: Forces driving competition in the banks industry in Nigeria, 2021
Figure 6: Drivers of buyer power in the banks industry in Nigeria, 2021
Figure 7: Drivers of supplier power in the banks industry in Nigeria, 2021
Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Nigeria, 2021
Figure 9: Factors influencing the threat of substitutes in the banks industry in Nigeria, 2021
Figure 10: Drivers of degree of rivalry in the banks industry in Nigeria, 2021
Figure 11: Nigeria banks industry share: % share, by value, 2021
