Industry Analysis & Industry Trends
Not in the money
The industry will continue to face declining revenue, as more industrial and private banks convert to commercial banks or exit altogether. Still reeling from the recession, heightened competition from commercial banks and other institutions will make operating conditions difficult, leading to a further reduction in enterprise numbers... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
IBISWorld estimates the Industrial Banks industry is currently in the declining phase of its lifecycle because heavy regulation and the recession weighed on this industry over the past five years. Over the next five years, however, IBISWorld estimates that this industry is set to grow. Nevertheless, over the ten years to 2017, industry value added, a measure of the industry's contribution to the overall economy, is expected to decline 0.04% annually compared to GDP growth of 1.9% annually over the same time period, which indicates the industry is still considered to be in decline.
The popularity of industrial banks has peaked and waned a number of times since they were first established in 1910. The most recent rise in revenue, assets and interest has just recently come to an end... purchase to read more