Many large foreign banks have a presence, but few target the retail banking market.
The group commands over 22% share of the domestic Indian banking market.
Germany has been a big exception, even though its banking market is one of the most crowded and least profitable in Europe.
"And Germany is still the largest banking market in Europe."
The third significant group in Chinese banking market is the city commercial banks.
And there are signs that selected foreign banks may eventually be allowed in the domestic banking market.
In the late 20th century, a number of Islamic banks were created to cater to this particular banking market.
The company cited reduced consumer spending and the state of the banking market at the time as the causes.
Citibank, using different data, says it is still increasing its share of the banking market.
The potential of the East German banking market is also unclear.