+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Consumer Lending in Hungary

  • PDF Icon

    Report

  • 13 Pages
  • November 2023
  • Region: Hungary
  • Euromonitor International
  • ID: 1203215
The initial optimism of early 2022 was abruptly dampened by the end of the year, and this has persisted throughout 2023. The sharp rise in borrowing costs coupled with a decline in disposable incomes due to high inflation has compelled Hungarians to reassess their budgets and reconsider their plans for significant expenses such as moving house, home renovation projects, and purchasing cars or other expensive durables.

The Consumer Lending in Hungary 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.

Why buy this report?

  • 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.

Table of Contents

CONSUMER LENDING IN HUNGARY
EXECUTIVE SUMMARY
  • Consumer lending in 2023: The big picture
  • 2023 key trends
  • Arrangements to alleviate the financial burden for borrowers
  • Transforming the competitive landscape: merger of MKB and Takarékbank
  • What next for consumer lending?
MARKET DATA
  • Table 1 Consumer Lending: Outstanding Balance by Category: Value 2018-2023
  • Table 2 Consumer Lending: Outstanding Balance by Category: % Value Growth 2018-2023
  • Table 3 Consumer Lending: Gross Lending by Category: Value 2018-2023
  • Table 4 Consumer Lending: Gross Lending by Category: % Value Growth 2018-2023
  • Table 5 Consumer Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
  • Table 6 Mortgages/Housing: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
  • Table 7 Consumer Credit: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
  • Table 8 Card Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
  • Table 9 Forecast Consumer Lending: Outstanding Balance by Category: Value 2023-2028
  • Table 10 Forecast Consumer Lending: Outstanding Balance by Category: % Value Growth 2023-2028
  • Table 11 Forecast Consumer Lending: Gross Lending by Category: Value 2023-2028
  • Table 12 Forecast Consumer Lending: Gross Lending by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
CONSUMER CREDIT IN HUNGARYKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Inflation and cost of borrowing increase further
E-commerce shops hope to boost sales with BNPL
  • Merger of MKB Bank and Takarékbank: a significant milestone
PROSPECTS AND OPPORTUNITIES
  • Expensive repayments generate credit distrust
  • Potential difficulties in paying off existing loans
  • Shift online to gain momentum
CATEGORY DATA
  • Table 13 Consumer Credit: Outstanding Balance by Category: Value 2018-2023
  • Table 14 Consumer Credit: Outstanding Balance by Category: % Value Growth 2018-2023
  • Table 15 Consumer Credit: Gross Lending by Category: Value 2018-2023
  • Table 16 Consumer Credit: Gross Lending by Category: % Value Growth 2018-2023
  • Table 17 Forecast Consumer Credit: Outstanding Balance by Category: Value 2023-2028
  • Table 18 Forecast Consumer Credit: Outstanding Balance by Category: % Value Growth 2023-2028
  • Table 19 Forecast Consumer Credit: Gross Lending by Category: Value 2023-2028
  • Table 20 Forecast Consumer Credit: Gross Lending by Category: % Value Growth 2023-2028