Fee-Based Banking - People Attitude and Market Insight of Fee and Commission-Based Income and Future Outlook

Albany, NY -- (ReleaseWire) -- 12/19/2014 -- The reliance of banks on fees and commissions increased following the latest financial crisis in both developed and emerging economies. Due to a weak demand for borrowing and low interest rates, banks have increased their focus on non-interest revenue. The proportion of fees and commission income in the total banking revenue however, varies according to country. The rising or decreasing proportion of fee income reflects the difference in consumers' preferences in different countries, the inherited pricing structure imposed by the banks and the country's economic cycle.