"Industry Analysis on Banking Industry"
Brochure More information from http://www.researchandmarkets.com/reports/347861/ Sweden Retail Banking: Industry Analysis Description: This report examines the various aspects of the Swedish retail banking industry, along with an outlook for potential developments. Apart from studying the key drivers and critical issues in the industry, the report focuses on scanning the environment through a PEST analysis. It examines the competitive dynamics along with the industry supply chain within Porter’s Five Forces framework. Additionally, the report contains a section on product pricing, as well as small and medium enterprises (SME) banking. An outlook for the sector has also been provided in the report. Over the past decade, Sweden’s leading banks have evolved into financial groups with extensive international activities. This development is partly due to the fact that areas, such as life insurance, fund management and mortgage lending, have become an increasingly important part of the groups’ business activities, alongside traditional retail banking. One of the key trends in the Swedish financial services market in recent years has been the increase in the number of customers carrying out their banking transactions via the internet or phone. Cash still accounts for a very large part of total payment transactions in Sweden. The availability of cash has increased as a result of the growing number of ATMs. The bulk of non-cash payments are made through the giro system. Contents: 1. Introduction 1.1 Industry Definition The banking industry in Sweden comprises banks and financial institutions that offer a wide range of financial services. Although deposit-taking, lending and money transmission remain at the core of banking activities, many banks also provide services such as fund management, insurance, personal finance services and financial advice. 1.2 Industry Segments Loans Deposits and Withdrawals Credit Cards Mortgages 2. Market Dynamics 2.1 Market Overview The financial industry accounts for almost 4% of Sweden’s Gross Domestic Product (GDP). 2.2 Trend Analysis Growth of Internet Banking Shifting Product Portfolio Consolidation in the Swedish Banking Industry 2.3 Key Drivers Rising Household Incomes & Borrowings Deregulation & Globalization Technology Innovation Advances in Retail Payment Systems 2.4 Major Issues and Implications Hike in Interest Rates Aging Population Lack of Integration in the EU Banking Market Failure of Big Consolidated Enterprises 3. PEST Analysis 3.1 Political Factors Government regulations M&A regulations 3.2 Economic Factors Low savings rate Growing asset base Declining GDP growth rate Household sector important in retail 3.3 Social Factors Consumer perception 3.4 Technological Factors Investment in IT Prominence of internet banking 4. Michael Porter’s Five Force Analysis 4.1 Buyer Power (Medium/ Low) 4.2 Supplier Power (High) 4.3 Intensity of Competition (Medium/High) 4.4 Barriers to Entry (Medium) 4.5 Threat of Substitute Products (Medium/High) 5A. Competitive Landscape Nordea Swedbank Handelsbanken Skandinaviska Enskilda Banken (SEB) 5A.1 Brief Company Profiles 5A.2 Competitive Positioning 5A.2.1 Internet Banking Market Shares 5A.3 Key Strategies Nordea Focus on Retail Banking Increase Customer Focus and Customer Loyalty IT applications consolidation Swedbank Focus on Growth in Emerging Markets Increasing Reach through Regional Tie-Ups High Focus on Credit Card Market High Asset Quality Focus on Core Business Handelsbanken Decentralized Operations for Enhanced Customer Service Focus On Mortgage Market Focus On Mortgage Market Skandinaviska Enskilda Bankens (SEB) Following a ‘3C’ Strategy Leveraging Life Insurance Business 5A.3.1 Focus on Internet Banking 5A.4 Financial Analysis 5A.4.1 Income Statement Analysis 5A.4.2 Balance Sheet Analysis 5A.5 Stock Market Performance 5A.6 Market Capitalization 5B. Competitive Landscape – Internet Banks ICA Banken SkandiaBanken 5B.1 Brief Company Profiles 5B.2 Competitive Positioning 5B.3 Key Strategies ICA Banken Increased Stress on Marketing Communication Cooperation with Nordea and Föreningssparbanken Investments on Increasing Contact Points SkandiaBanken Broader Customer Focus Use of Online Channels for Marketing Focus on Young Customers 5B.4 Operational Summary 6. Product Pricing Price bundling means that a customer is offered certain discounts on a large number of services if the customer fulfils the requirements in terms of the number of services availed such as current account, savings and loans. There are several reasons behind the popularity of price bundling in Sweden. 7. SME Banking An SME is defined by the European Union as an independent company with fewer than 250 employees and either an annual turnover not exceeding US$47 million or a balance sheet not exceeding US$32 million. Firms like NGO’s and labor Unions are included in this category. 8. Industry Outlook Savings Rate to Remain Low Increasing Household Wealth and Saving Internet Banking Appendix I: Summary of Commercial Banks in Sweden, 2004 Appendix II: Methodology for Internet Banking Customers Forecasting Appendix III: Swedbank Case Study Appendix IV: International Conferences and Annual Meetings Appendix V: Industry Associations and Organizations List of Tables/Figures Figure 2.1 Total Assets as on December 31, 2004 Figure 2.2 Bank Deposits & Lending as on December 31, 2004 Figure 2.3 Growth of Private Internet Customers, 2000-2004 Figure 2.4 Changing Composition of Household Financial Assets, 1990-2004 Figure 2.5 Evolution of Payment Systems, 1990-2004 Figure 3.1 Bank Deposits and Lending (in US$ Billions) Figure 3.2 Number of Bank Branches in Sweden, 1980-2004 Figure 3.3 Number of I-Bank Customers as of 31 Dec 2004 Figure 4.1 Michael Porter’s Five Forces analysis Figure 4.2 Market Concentration in Household Deposits Figure 4.3 Household Assets, 1990-2004 Figure 5A.1 Household Deposits Market Share-Sweden, 2004 Figure 5A.2 Household Deposits Market Share, 2000-2004-Handelsbanken (Sweden) Figure 5A.3 Household Lending Market Share Sweden, 2004 Figure 5A.4 Swedbank-Swedish Retail Market Shares , Q305 Figure 5A.5 Cost to Income Comparison, 2004 Figure 5A.6 Cost to Income – Nordea, Q103-Q205 Figure 5A.7 Cost to Income – Swedbank, Q304-Q305 Figure 5A.8 Cost to Income-Handelsbanken, 2001-2005 Figure 5A.9 Cost to Income-SEB, 2001-2005 Figure 5A.10 Market share- Swedish Internet Banking, 2004 Figure 5A.11 Internet Banking Customers-Nordea Bank, Sweden, 2001-2004 Figure 5A.12 Internet Banking Custoemrs- Swedbank, Sweden, 2002-2005 Figure 5A.13 Internet Banking Customers, SEB, Sweden, 2000-2004 Figure 5A.14 Internet Banking Customers-Handelsbanken, Sweden, 2001-2004 Figure 5A.15 Swedbank- Credit Card Customers, Q303-Q305 Figure 5A.16 Profit from Life Insurance, 2001-Q305 Figure 5A.1 Retail Operating Revenue Composition: 2004 (in US$ Millions) Figure 5A.2 Retail Operating Profit Growth: 2003-2004 Figure 5A.3 Retail Divisions Capital Adequacy Figure 5A.4 Return on Capital (Group-wise), 2002-2004 Figure 5A.5 Retail Deposits & Lending: 2004 Figure 5A.6 Assets & Liabilities-Retail Division 2004 Figure 5A.7 Retail Return on Equity 2004 Figure 5A.8 Return on Equity (Group-wise), 2002-04 Figure 5A.9 Share Price Movement, Dec 2004-Nov 2005 Figure 5A.10 Market Capitalization, Nov 2004 & Nov 2005 Figure 6.1 Annual Weighted Price of Core Banking Services 2005 Figure 6.2 Deposit and Lending Rates to General Public, 2002-2004 Figure 7.1 Internet Banking Customers 2000-2010 Table 2.1 Product Segments Table 2.2 Banks in Sweden, Dec 2000 & Dec 2004 Table 2.3 Historical account of Consolidation Table 2.4 Market Drivers Table 4.1 Supply Chain of Swedish Banking Industry Table 4.2: Entry and exit since 1995 Table 5A.1 Nordea Key Statistics Table 5A.2 Swedbank Key Statistics Table 5A.3 Handelsbanken Key Statistics Table 5A.4 Skandinaviska Enskilda Banken (SEB) Key Statistics Table 5A.5 Size and Reach- Swedish Operations Table 5A.6 Internet banking customers of major banks in Sweden Table 5A.1 Financials as of December 31, 2004 Table 5B.1 ICA Banken’s brief overview of the company’s financial performance, 2003-04 Table 5B.2 SkandiaBanken’s brief overview of the company’s financial performance, 2003-04 Table 6.1 Annual Fees and Annual Percentage Charge (APR) In Various Countries Table 6.2 Company Interest Margins Ordering: Order Online - http://www.researchandmarkets.com/reports/347861/ Order by Fax - using the form below Order by Post - print the order form below and sent to Research and Markets, Guinness Centre, Taylors Lane, Dublin 8, Ireland. 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