HOME AWAY FROM HOME: No place like home? Domestic European markets hold the key for growth
Banking Circle recently commissioned an in-depth study of the ongoing impact of the pandemic: ‘Ready for the re-build? Re-thinking the value of digital infrastructure’.
Part 3 takes a more detailed look at financial institutions’ attitudes towards international markets and cross border customers. Respondents and interviewees were located across Western Europe, providing opportunity to compare responses between regions.
The latest Banking Circle white paper, HOME AWAY FROM HOME: No place like home? Domestic European markets hold the key for growth explores which countries are the most optimistic, the most prepared, and the most resilient.
Key findings include:
- 48% expect business growth of more than 4% in the next two years
- 84% said Western Europe offered business opportunities in the next two years
- 56% said managing different standards across multiple markets was a challenge to serving international businesses
- 92% can respond quickly to industry change thanks to investments in tech, infrastructure and the right mindset
Download the report now >>
A fully licensed bank, Banking Circle is a next-generation provider of financial services infrastructure, leading the rise of a super-correspondent banking network.
Banks and Payments businesses can access a range of banking services – multi-currency bank accounts, local clearing, cross border payments and lending-as-a-service solutions, compliantly and securely – without the need to build their own infrastructure and correspondent banking partner network.