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Singapore Banking Industry Outlook 2022 - 2026

See how Singapore Banking performed compared to key markets such as China, Japan and the United States.

Key Market Indicators

The number of bank accounts in Singapore is expected to surge to nearly $19 billion by 2026, up from $17.45 billion in 2021. This is an increase of 1.3% annually, according to a compound annual growth rate (CAGR). Since 2012, demand for bank accounts in Singapore has grown at a rate of 2.8% year on year. In 2021, the country was ranked 15th globally. Belgium overtook Singapore with $17.45 billion, while Japan, the United States and Switzerland respectively ranked second, third and fourth.

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Singapore Banking Market Data and Forecasts

How much will Singapore Banking Market grow to 2026?

Forecast: Number of Commercial Bank Branches in Singapore
Forecast: Borrowers from Commercial Banks in Singapore
Forecast: Number of ATMs (Automated Teller Machines) in Singapore
Forecast: Number of Depositors at Commercial Banks in Singapore
Forecast: Bank Lending Interest Rate in Singapore
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