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Consumer Lending in the Philippines

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    Report

  • 16 Pages
  • October 2022
  • Region: Philippines
  • Euromonitor International
  • ID: 2398477
COVID-19 has had a strong influence on consumer lending in the Philippines. The negative economic impact of the pandemic, and the economic uncertainty that has emerged in its wake and in the light of more recent global events, have put pressure on the household finances of much of the country’s population.

The 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.

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 THE PHILIPPINES
EXECUTIVE SUMMARY
  • Consumer lending in 2022: The big picture
  • 2022 key trends
  • Continued growth in mortgages/housing loans
  • BDO maintains leadership of credit cards, while BNPL offers popular alternative
  • What next for consumer lending?
MARKET DATA
  • Table 1 Consumer Lending: Outstanding Balance by Category: Value 2017-2022
  • Table 2 Consumer Lending: Outstanding Balance by Category: % Value Growth 2017-2022
  • Table 3 Consumer Lending: Gross Lending by Category: Value 2017-2022
  • Table 4 Consumer Lending: Gross Lending by Category: % Value Growth 2017-2022
  • Table 5 Consumer Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
  • Table 6 Mortgages/Housing: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
  • Table 7 Consumer Credit: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
  • Table 8 Card Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2017-2022
  • Table 9 Forecast Consumer Lending: Outstanding Balance by Category: Value 2022-2027
  • Table 10 Forecast Consumer Lending: Outstanding Balance by Category: % Value Growth 2022-2027
  • Table 11 Forecast Consumer Lending: Gross Lending by Category: Value 2022-2027
  • Table 12 Forecast Consumer Lending: Gross Lending by Category: % Value Growth 2022-2027
DISCLAIMER
SOURCES
  • Summary 1 Research Sources
CONSUMER CREDIT IN THE PHILIPPINESKEY DATA FINDINGS
2022 DEVELOPMENTS
  • Gross lending makes greater gains in 2022
  • Non-performing loans sees substantially slowed growth
  • BNPL prompts caution warnings from finance sector
PROSPECTS AND OPPORTUNITIES
  • Rate hikes set to impact forecast growth
  • Further financial education still necessary
  • Consumer credit faces uncertain future growth patterns
CATEGORY DATA
  • Table 13 Consumer Credit: Outstanding Balance by Category: Value 2017-2022
  • Table 14 Consumer Credit: Outstanding Balance by Category: % Value Growth 2017-2022
  • Table 15 Consumer Credit: Gross Lending by Category: Value 2017-2022
  • Table 16 Consumer Credit: Gross Lending by Category: % Value Growth 2017-2022
  • Table 17 Forecast Consumer Credit: Outstanding Balance by Category: Value 2022-2027
  • Table 18 Forecast Consumer Credit: Outstanding Balance by Category: % Value Growth 2022-2027
  • Table 19 Forecast Consumer Credit: Gross Lending by Category: Value 2022-2027
  • Table 20 Forecast Consumer Credit: Gross Lending by Category: % Value Growth 2022-2027