After enjoying significant growth in 2017 thanks to the favourable economic background, in 2018 consumer lending in the Philippines showed signs of stabilisation amidst regulatory changes. While banks and non-financial institutions continued to improve their consumer lending offers, the willingness of consumers to take up such offers was tempered by a drastic change in the income tax regime and the adjustment of several excise tax rates. The automotive industry was among those most affected by…
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.
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Product coverage: Consumer Credit, Mortgages/Housing.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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* Get a detailed picture of the Consumer Lending market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
It has over 40 years’ experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, It has a unique capability to develop reliable information resources to help drive informed strategic planning.
Major Key Points in Table of Content:
Slower Growth of Auto Lending in 2018
Home Lending Remains High
Weak Growth Expected for Card Lending
the Big Six Banks Retain A Majority Share of Consumer Credit
Increasing Investments in Online Strategies
Extra Options Have Become Available
Canadian Consumers Carry More Debt
Home Lending and Mortgages/housing Lending Continue To Soar
High Household Debt Remains A Major Concern
Tighter Regulations To Restrict Residential Mortgages
More Uncertainties in Consumer Lending
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