In 2024, BNP Paribas' large corporations market penetration in Europe was the highest among the leading cash management service provider considered. HSBC was ranked second, with a market penetration 33 percent.
Leading providers of cash management services for large corporations in Europe in 2024, by market penetration rate
CFOs, finance directors and treasurers of top-tier European companies.
Supplementary notes
Market penetration represents the proportion of respondents interviewed that consider each bank an important provider of corporate banking services.
Coalition Greenwich conducted 849 interviews with financial officers (e.g., CFOs, finance directors and group treasurers) at corporations and financial institutions with sales in excess of €500 million, including 345 with sales of at least €2 billion. An additional 931 interviews were conducted with corporate decision-makers for cash management, including 382 with sales of at least €2 billion. In addition, 175 interviews were conducted with decision-makers for foreign exchange, mainly treasurers. Interviews were conducted throughout Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. Interviews took place from July to December 2023. Subjects covered included bank credit capabilities, domestic and cross-border advisory capabilities and quality of institution and relationship management. Cash management and foreign exchange capabilities were examined in separate interviews with corporate treasurers.
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Greenwich Associates. (January 24, 2024). Leading providers of cash management services for large corporations in Europe in 2024, by market penetration rate [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/453911/penetration-cash-management-providers-for-large-corporates-europe/
Greenwich Associates. "Leading providers of cash management services for large corporations in Europe in 2024, by market penetration rate." Chart. January 24, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/453911/penetration-cash-management-providers-for-large-corporates-europe/
Greenwich Associates. (2024). Leading providers of cash management services for large corporations in Europe in 2024, by market penetration rate. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/453911/penetration-cash-management-providers-for-large-corporates-europe/
Greenwich Associates. "Leading Providers of Cash Management Services for Large Corporations in Europe in 2024, by Market Penetration Rate." Statista, Statista Inc., 24 Jan 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/453911/penetration-cash-management-providers-for-large-corporates-europe/
Greenwich Associates, Leading providers of cash management services for large corporations in Europe in 2024, by market penetration rate Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/453911/penetration-cash-management-providers-for-large-corporates-europe/ (last visited November 10, 2024)
Leading providers of cash management services for large corporations in Europe in 2024, by market penetration rate [Graph], Greenwich Associates, January 24, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/453911/penetration-cash-management-providers-for-large-corporates-europe/