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Consumer Credit in Chile

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    Report

  • 15 Pages
  • October 2022
  • Region: Chile
  • Euromonitor International
  • ID: 1449302
In 2021, there was a significant rebound in total gross lending in Chile, although some categories such as auto lending and durables lending remained pre-pandemic levels. The upturn was mainly due to joint support measures introduced by the government (subsidies and direct transfers to the most financially-stretched households, in addition to permission to make three consecutive 10% withdrawals from pension funds), and the Central Bank (expansive monetary policy).

The Consumer Credit in Chile 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: Auto Lending, Card Lending, Durables Lending, Education Lending, Home Lending, Other Personal Lending.

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 Credit 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 CREDIT IN CHILEKEY DATA FINDINGS
2022 DEVELOPMENTS
  • Higher interest rates and USD change spending mentality
  • Government measures encourage saving
  • Exchange rates and limited offer take a toll on auto lending
PROSPECTS AND OPPORTUNITIES
  • Banks utilise promotions to encourage consumers to acquire loans
  • Buy Now, Pay Later gradually gains momentum in Chile
  • Fintech Law will create room for new players to enter and more lending opportunities
CATEGORY DATA
  • Table 1 Consumer Credit: Outstanding Balance by Category: Value 2017-2022
  • Table 2 Consumer Credit: Outstanding Balance by Category: % Value Growth 2017-2022
  • Table 3 Consumer Credit: Gross Lending by Category: Value 2017-2022
  • Table 4 Consumer Credit: Gross Lending by Category: % Value Growth 2017-2022
  • Table 5 Forecast Consumer Credit: Outstanding Balance by Category: Value 2022-2027
  • Table 6 Forecast Consumer Credit: Outstanding Balance by Category: % Value Growth 2022-2027
  • Table 7 Forecast Consumer Credit: Gross Lending by Category: Value 2022-2027
  • Table 8 Forecast Consumer Credit: Gross Lending by Category: % Value Growth 2022-2027
CONSUMER LENDING IN CHILE
EXECUTIVE SUMMARY
  • Consumer lending in 2022: The big picture
  • Inflation escalates to record levels
  • New constitution brings uncertainty to the market
  • Gross lending on mortgages/housing remains weak in line with rising inflation
  • What next for consumer lending?
MARKET DATA
  • Table 9 Consumer Lending: Outstanding Balance by Category: Value 2017-2022
  • Table 10 Consumer Lending: Outstanding Balance by Category: % Value Growth 2017-2022
  • Table 11 Consumer Lending: Gross Lending by Category: Value 2017-2022
  • Table 12 Consumer Lending: Gross Lending by Category: % Value Growth 2017-2022
  • Table 13 Consumer Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
  • Table 14 Mortgages/Housing: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
  • Table 15 Consumer Credit: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
  • Table 16 Card Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
  • Table 17 Forecast Consumer Lending: Outstanding Balance by Category: Value 2022-2027
  • Table 18 Forecast Consumer Lending: Outstanding Balance by Category: % Value Growth 2022-2027
  • Table 19 Forecast Consumer Lending: Gross Lending by Category: Value 2022-2027
  • Table 20 Forecast Consumer Lending: Gross Lending by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
  • Summary 1 Research Sources