Market penetration of banks for UK large corporations in 2024

Published by Statista Research Department, Mar 19, 2024

According to top-tier large corporations executives in the United Kingdom (UK), HSBC had the largest market penetration among leading banking services providers in the country as of 2024. In that time, HSBC had a market penetration of 71 percent of the United Kingdom corporate banking market. HSBC was also one of the top five banks by large corporations market penetration in Europe.

Leading banks for large corporations in the United Kingdom (UK) in 2024, by market penetration rate

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Release date

January 2024

Region

United Kingdom

Survey time period

July 2023 to December 2023

Number of respondents

125 respondents

Special properties

CFOs, finance directors and treasurers of top-tier companies in the United Kingdom

Supplementary notes

The market penetration rate represents the proportion of respondents that consider each bank an important provider of corporate banking services.

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