Net interest income of retail banks in Turkey 2028

The net interest income in the traditional retail banking segment of the retail & commercial banking market in Turkey was forecast to continuously increase between 2024 and 2028 by in total 622.5 million U.S. dollars (+13.87 percent). After the ninth consecutive increasing year, the indicator is estimated to reach 5.1 billion U.S. dollars and therefore a new peak in 2028.

Net interest income of retail banking segment of the retail & commercial banking market in Turkey from 2017 to 2028 (in billion U.S. dollars)

Characteristic	Net interest income in billion U.S. dollars
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Supplementary notes

Data provided by Statista Market Insights are estimates.Definition:
Traditional retail banking refers to the financial services sector that provides a range of financial products and services to individual consumers through store-based branches and other traditional channels. These services include personal loans, savings and checking accounts, credit cards, mortgages, and other financial products designed specifically for individual consumers.
Traditional retail banks have a long history of serving customers and have established relationships and a deep understanding of the financial needs of their communities. They offer a wide range of services and are able to provide personalized advice and support to their customers.
Despite facing increased competition and changing customer preferences, traditional retail banks continue to play a vital role in the financial landscape. They are continually seeking ways to improve their offerings and remain competitive by leveraging technology and offering innovative financial products and services.
Overall, traditional retail banking provides a wide range of financial services to individual consumers through established, trusted channels and continues to be an important part of the financial landscape.

Structure:
The market data comprises Net Interest Income, the value of Deposits, the value of Loans, Credit Card Interest Income, the number of ATMs as well as the number of Bank Branches.

Additional information:
The Banking market is highly competitive and characterized by the presence of large global players as well as regional and local banks. Banks are continually seeking ways to improve their offerings and remain competitive by leveraging technology and offering innovative financial products and services. Additionally, changes in regulations and the growing trend toward digitalization are shaping the retail and commercial banking market, creating opportunities for new entrants, and forcing existing players to adapt.

Key players in this market are companies such as Industrial and Commercial Bank of China Ltd., Bank of America Corp., and BNP Paribas.

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