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Consumer Lending in Morocco

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    Report

  • 15 Pages
  • November 2023
  • Region: Morocco
  • Euromonitor International
  • ID: 2492228
While Morocco saw dynamic demand for consumer lending immediately post-pandemic as retailers and foodservice outlets reopened their doors to consumers, from September 2022 the market has been impacted by soaring prices impacting purchasing power across households. This trend has intensified with rising interest rates and as a result, the demand for consumer lending facilities has become subdued, while repayment trends exhibited longer periods of more than five years.

The Consumer Lending in Morocco 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 MOROCCO
EXECUTIVE SUMMARY
  • Consumer lending in 2023: The big picture
  • Consumer confidence at all-time low at the end of 2022
  • Mortgage market expected to see further rises in interest rates
  • Increased demand for loans to acquire second-hand vehicles
  • 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 MOROCCOKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Rising unemployment renders consumer credit less accessible
  • Interest rates hike impacts on demand for consumer credit
  • Women increasingly turn to microfinance institutions
PROSPECTS AND OPPORTUNITIES
  • Household debt levels set to remain low as part of local culture
  • Credit cards will suffer compared to other card types
  • BNPL to gain greater ground
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