Consumer Lending in the Philippines
|出版日期||内容资讯||英文 16 Pages
|菲律宾消费金融市场 Consumer Lending in the Philippines|
|出版日期: 2020年11月16日||内容资讯: 英文 16 Pages||
The presence of the COVID-19 virus in the Philippines has had a strong influence on the country's consumer lending industry. The negative economic impact of the pandemic and the economic uncertainty that has emerged in its wake have led to significant pressure coming on the household finances of much of the country's population. The inevitable result is that many are now very reluctant to sign new consumer lending agreements at a time when serious doubts remain about their ability of consumers t...
Euromonitor International's Consumer Lending in Philippines report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.
Product coverage: Consumer Credit, Mortgages/Housing.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
List OF CONTENTS AND TABLES
COVID-19 impact on consumer lending
COVID-19 country impact
Government and Central Bank take action to prevent delinquent debt
Auto lending and education lending hit the buffers as demand dries up
Rising unemployment and erosion of job security hit mortgages/housing
What next for consumer lending?
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
KEY DATA FINDINGS
COVID-19 puts pressure on household finances, gross lending declines
Tough times for many erode demand for auto and education lending
Outstanding balance increases as difficulties paying off loans bite
RECOVERY AND OPPORTUNITIES
Gross lending to continue declining, positive growth set to return in 2022
Tightening of lending criteria likely to influence consumer credit trends
Conservative lending behaviour expected to emerge to reduce risk