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September 1, 2022
Digital-Only Bank Account Openings vs. Traditional* Digital Bank Account Openings in Canada, 2019-2026 (millions)
Note
Excludes credit cards and loans.Methodology
Estimates are based on the analysis of data from respective bank corporate disclosures, reported and estimated non-interest expenses from major banks, estimates from other research firms, historical trends, GDP trends, technology expense trends, and macro-level economic conditions.Chart Title
Digital-Only Bank Account Openings vs. Traditional* Digital Bank Account Openings in Canada, 2019-2026 (millions)Publication Date
September 1, 2022