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Global Micro, Small, and Medium Enterprise Financing Market to 2018: ICICI Bank, Wells Fargo & Standard Chartered Dominate
M2 - Mon Mar 03, 10:30AM CST
Research and Markets (http://www.researchandmarkets.com/research/vqcj4z/global_micro) has announced the addition of the "Global Micro, Small, and Medium Enterprise Financing Market to 2018: ICICI Bank, Wells Fargo & Standard Chartered Dominate" report to their offering. Currently, the MSME segment in emerging countries is either unserved or underserved. Private sector banks have recognized this as a good business opportunity and are increasingly expanding and gaining ground in emerging markets such as China and India. They are usually preferred more than state-owned banks because of their better infrastructure, faster processing, attractive schemes, and costs offered on the products. This is not only increasing the operational efficiency, but also generating higher revenue for private banks. Hence, it is expected that this will boost the growth of the market in the future. One of the major drivers in this market is the huge untapped potential in the emerging market. Many countries in the APAC region, such as Bangladesh, Indonesia, and the Philippines, have huge MSME segments that remain underserved and, if catered to, can result in higher revenue for the Banking and Financial sector. The report states that one of the main challenges is the strong decline in the demand for goods and services. Owing to the repercussions caused by the global financial crisis, there has been a retraction in the demand for goods and services. This has forced the MSME sector to cut down production, and, consequently, the demand for MSME financing has reduced. The key vendors dominating this market space are: - ICICI Bank Ltd. - Wells Fargo - Standard Chartered PLC. Other vendors mentioned in the report are: - IFIC Bank Ltd. - Bank Muscat - Access Bank Plc - Eastern Bank Limited - NBD Bank. Key Topics Covered: 01. Executive Summary 02. List of Abbreviations 03. Scope of the Report 04. Market Research Methodology 05. Introduction 06. Market Landscape 07. Market Segmentation by End-user Industry Types 08. Geographical Segmentation 09. Buying Criteria 10. Market Growth Drivers 11. Drivers and their Impact 12. Market Challenges 13. Impact of Drivers and Challenges 14. Market Trends 15. Trends and their Impact 16. Vendor Landscape 17. Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/vq...obal_micro
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Summary
Should I Buy HSBC Holdings or Standard Chartered?
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