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Retail Banking Market France 2016 Overview, Growth & Analysis, Forecasts

Friday, December 2, 2016 3:32
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(Before It's News)

The markets for mortgages and personal loans are largely dominated by a single provider (Credit Agricole for mortgages, LCL for loans). Across all main products branches remain the key channel for acquiring new customers, with many providers not offering digital onboarding. Customers choose providers mainly on the basis of reputation, existing relationships, and rate. Only a minority of consumers either use, or intend to use, fintech providers, with younger consumers proving the most receptive.

 For more information http://www.reportsweb.com/retail-banking-country-snapshot-france-2016 .

Report Scope

-Although retirement remains a key objective for nearly a third of savers, it has declined by 11 percentage points since 2015. Saving to make a financial investment has also fallen substantially, and these movements suggest that consumers are now less focused on long-term objectives.
-Purchasing a car is by far the most common reason for taking out a loan, cited by 32% of borrowers. 17% of borrowers arranged their loan in order to fund home improvements. However, these proportions have fallen significantly in the last year, which may signal a decline in discretionary spending.
-Online is the channel of choice for basic tasks for around two thirds of consumers. Mobile has yet to make a significant impact in this sphere, and is favored by no more than 10% of consumers. However, this will increase over time as adoption extends into the mainstream.

Reason to Buy

-Futureproof your strategy with market sizing, forecasts, and analysis of key developments currently affecting the French retail banking sector.
-Target consumers with inside knowledge of their true behaviors and attitudes, with detailed analysis from our proprietary insight.
-Learn about the impact that new entrants and distribution channels will have on the market.

Request Sample Copy http://www.reportsweb.com/inquiry&RW0001491491/sample .

Companies Mentioned:

Caisse d’Epargne
Credit Agricole
Credit Mutuel
Finsquare
La Banque Postale
Lendix
monbanquierenligne
LCL
Societe Generale
Younited Credit.

Make an enquiry: http://www.reportsweb.com/inquiry&RW0001491491/buying .

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Email: sales@reportsweb.com

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ReportsWeb is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.

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