New Zealand Retail Banking, 2020 Update - Review, Forecasts and Future Opportunities Summary Growth in New Zealand’s retail banking sector has been strong over the past decade. COVID-19 threatens to impact growth in 2020, but clear and coherent government policy as well as organized track and trace...
The COVID-19 epidemic reached the Hungarian consumer lending market at the peak of a highly upbeat period marked by low interest rates, high levels of consumer sentiment and widespread optimism among the population about their ability to meet their debt commitments. Furthermore, various government initiatives had also created a favourable...
The COVID-19 pandemic had little discernible impact on the Czech consumer lending industry during 2020. With the majority of consumer lending outstanding balance accounted for by mortgage/housing loans, the moderate and temporary dip seen in demand for new homes and the secured loans that finance residential property transactions did have...
The emergence of COVID-19 in Malaysia and subsequent lockdown measures in the shape of the Movement Control Order (MCO) which resulted in rising unemployment and decreasing disposable incomes placed a great deal of pressure on consumers, not only in terms of being able to pay for essential goods and services but in their ability to continue...
COVID-19 will have a broadly negative impact on gross consumer lending in in 2020, although the light touch of the government’s response to the pandemic may have softened the effect of the virus on consumer credit demand. Consumer Lending in Sweden report establishes the size and structure of the market for ATMs cards, smart cards,...
The banking and consumer lending industries remain strong in Egypt and have continued to function efficiently during the COVID-19 pandemic. The Central Bank of Egypt has stopped issuing new licences, generally meaning that an acquisition is the only way of gaining a foothold in the Egyptian banking industry and the country’s growing economy...
COVID-19 and the ensuing recession have had a detrimental impact on consumer lending in Singapore, with declines in both gross lending and outstanding balance values in 2020. The impact across loan categories has been varied. Consumer Lending in Singapore report establishes the size and structure of the market for ATMs cards, smart...
China Retail Banking 2020 - Review, Forecasts, and Future Opportunities Summary This report explores trends in the Chinese retail banking sector as well as insight into consumer preferences and behaviors.It highlights some of the most important data points available on the performance of the sector...
2020 was a mixed year for consumer lending. COVID-19 has meant that, in general, gross lending slowed down, particularly as mortgages had already started experiencing a slowdown as a result of social unrest towards the end of 2019. Furthermore, the market struggled with uncertainty caused by the expected resurgence in March as well as the...
Negative growth was recorded across the Peruvian consumer lending industry during 2020 as the COVID-19 pandemic had a very detrimental impact on the willingness of people to borrow money. Consumer Lending in Peru report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards,...