E7 banking markets to overtake G7 earlier than projected
- China could become biggest banking market in the world within 15 years with projected domestic banking assets of over US$30 trillion by 2030; India to overtake Japan by 2035
- E7 domestic banking assets to overtake G7 in 2036 - ten years earlier than projected by pre-crisis analysis
- G7 banks need access to the relatively unbanked populations of the emerging markets
- UK to be overtaken by India by 2030 and Brazil before 2050
Published February 4, 2013
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