There will be 75 million online banking customers in Europe by the end of 2005, up from 23 million in 2000 and 49 million this year. This is according to a new report from Datamonitor, as quoted by eMarketer.
The European eBanking Market Update report shows that the UK, Germany and the Nordic region currently lead the way, with 55% of Europe’s e-banking customers.
The UK is the largest market at present, with 9.8 million users; however, Germany is set overtake the UK by 2005, with 15.4 million e-banking users, as against the UK’s 14.0 million.