Caitan Cruz

The global retail banking Market refers to the financial services provided by banks directly to individual consumers rather than businesses, including savings accounts, personal loans, mortgages, and debit/credit card services. It plays a crucial role in driving financial inclusion and supporting everyday economic activities across global economies.

What is Driving the Growth of the Retail Banking Market?

The retail banking market is witnessing steady expansion due to increasing digital adoption, rising financial literacy, and the growing demand for convenient banking services. Global market valuation is projected to grow significantly, supported by rapid urbanization and the expansion of middle-class populations in emerging economies.