Banking Industry

A Banking Industry is a industry that … banking organization.

• • …
• Counter-Example(s):
  • an Insurance Industry.
  • a Financial Services Industry.
  • an Accounting Industry.
• See: Berenberg Bank, Bank of England, Financial Intermediary, Deposit Account, Capital Market, Financial System, Economy, Bank Regulation, Fractional Reserve Banking, Minimum Capital Requirement, BFSI Company.

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References

2015

• (Wikipedia, 2015) ⇒ http://wikipedia.org/wiki/Bank#Size_of_global_banking_industry Retrieved:2015-7-6.
  • Assets of the largest 1,000 banks in the world grew by 6.8% in the 2008/2009 financial year to a record US$96.4 trillion while profits declined by 85% to US$115 billion. Growth in assets in adverse market conditions was largely a result of recapitalization. EU banks held the largest share of the total, 56% in 2008/2009, down from 61% in the previous year. Asian banks' share increased from 12% to 14% during the year, while the share of US banks increased from 11% to 13%. Fee revenue generated by global investment banking totaled US$66.3 billion in 2009, up 12% on the previous year.

    The United States has the most banks in the world in terms of institutions (7,085 at the end of 2008) and possibly branches (82,000).^{[citation needed]} This is an indicator of the geography and regulatory structure of the USA, resulting in a large number of small to medium-sized institutions in its banking system. As of Nov 2009, China's top 4 banks have in excess of 67,000 branches (ICBC:18000+, BOC:12000+, CCB:13000+, ABC:24000+) with an additional 140 smaller banks with an undetermined number of branches.

Japan had 129 banks and 12,000 branches. In 2004, Germany, France, and Italy each had more than 30,000 branches—more than double the 15,000 branches in the UK.

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