Summary
Banks in Portugal industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Banking industry involves the activities of banks and similar institutions that offer financial services such as savings, loans, mortgages, and related services to businesses and consumers. Market value represents the total assets held by banks or related institutions in a country in a year. The market share represents the total asset held by the companies in the specific year. Geographical segmentation measures the total assets held by commercial banks of a particular region.
- The Portuguese banking industry recorded assets of $533.7 billion in 2024, representing a compound annual growth rate (CAGR) of 3.8% between 2019 and 2024.
- The bank credit segment accounted for the industry's largest proportion in 2024, with total assets of $283.7 billion, equivalent to 53.2% of the industry's overall value.
- The Portuguese banking industry grew by 13.9% in 2024, primarily driven by the decline in bank lending rates, which reduces borrowing costs and encourages greater credit uptake. Lower lending rates stimulate demand for personal and business loans, leading to an expansion in the bank credit segment, which directly increases the total assets held by banks. According to the European Central Bank, the bank lending rate in Portugal was reduced to 4.4% in December 2024, down from 5.8% in December 2023, facilitating broader access to credit.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Portugal
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Portugal
- Leading company profiles reveal details of key banks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Portugal banks market with five year forecasts
Reasons to Buy
- What was the size of the Portugal banks market by value in 2024?
- What will be the size of the Portugal banks market in 2029?
- What factors are affecting the strength of competition in the Portugal banks market?
- How has the market performed over the last five years?
- What are the main segments that make up Portugal's banks market?
'
Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players?
7.3. What are the strategies of the leading players?
7.4. What have been the recent M&A activities?
8 Company Profiles
8.1. Banco Comercial Portugues SA
8.2. Banco Santander Totta SA
8.3. Caixa Geral de Depositos SA
8.4. Novo Banco SA
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Portugal banks industry value: $ billion, 2019-24
Table 2: Portugal banks industry category segmentation: % share, by value, 2019-24
Table 3: Portugal banks industry category segmentation: $ billion, 2019-24
Table 4: Portugal banks industry geography segmentation: $ billion, 2024
Table 5: Portugal banks industry value forecast: $ billion, 2024-29
Table 6: Portugal banks industry share: % share, by value, 2024
Table 7: Banco Comercial Portugues SA: Key Facts
Table 8: Banco Comercial Portugues SA: Annual Financial Ratios
Table 9: Banco Comercial Portugues SA: Key Employees
Table 10: Banco Santander Totta SA: Key Facts
Table 11: Banco Santander Totta SA: Key Employees
Table 12: Caixa Geral de Depositos SA: Key Facts
Table 13: Caixa Geral de Depositos SA: Key Employees
Table 14: Novo Banco SA: Key Facts
Table 15: Novo Banco SA: Key Employees
Table 16: Portugal Size of Population (Million), 2020-24
Table 17: Portugal Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 18: Portugal GDP (Current Prices, $ Billion), 2020-24
Table 19: Portugal Inflation, 2020-24
Table 20: Portugal Consumer Price Index (Absolute), 2020-24
Table 21: Portugal Exchange Rate, 2019-24
List of Figures
Figure 1: Portugal banks industry value: $ billion, 2019-24
Figure 2: Portugal banks industry category segmentation: $ billion, 2019-24
Figure 3: Portugal banks industry geography segmentation: % share, by value, 2024
Figure 4: Portugal banks industry value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the banks industry in Portugal, 2024
Figure 6: Drivers of buyer power in the banks industry in Portugal, 2024
Figure 7: Drivers of supplier power in the banks industry in Portugal, 2024
Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Portugal, 2024
Figure 9: Factors influencing the threat of substitutes in the banks industry in Portugal, 2024
Figure 10: Drivers of degree of rivalry in the banks industry in Portugal, 2024
Figure 11: Portugal banks industry share: % share, by value, 2024
