Total transaction value of China’s online banking clients reached 421.5 trillion yuan (US$ 66.38 trillion) with an increase of 5.7% QoQ in Q4 2017. Find out the top banks in China's online banking and mobile banking markets, top mobile apps from banks, and mobile banking users profiles.
ICBC, CCB, Bank of Communications, Bank of China, and Agricultural Bank of China combined took 71.2% shares in the market in Q4 2017.
Mobile Banking Overview
The total transaction value of China’s mobile banking clients grew by 3.6% QoQ to 59.48 trillion yuan (around US$ 9.36 trillion) in Q4 2017.
ICBC continued to lead the mobile banking market with a 26.8% share in Q4 2017, followed by CCB (21.5%), and Agricultural Bank of China (13.2%).
As revenue is deriving more and more from the retail banking business, commercial banks turn to energetically develop their retail business. In 2017, revenue from retail business took 44.1% share in Ping An Bank’s total revenues, 13.5 pe...
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