Market Research Report
Consumer Lending in Singapore
|Published by||Euromonitor International||Product code||297361|
|Published||Content info||9 Pages
Delivery time: 1-2 business days
|Consumer Lending in Singapore|
|Published: October 8, 2018||Content info: 9 Pages||
Consumer lending continued to grow in 2018, predominantly because of the growth in card lending, auto lending, other personal lending, and mortgages. After the loan curbs placed by the government on auto lending some years ago, the recent easing of car loan rules was received happily by consumers, who took out bigger car loans. Mortgage loans remained popular, stemming from the societal pressure to own a house in Singapore, while the growth in personal loans was due to their convenience in terms...
Euromonitor International's Consumer Lending in Singapore 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.
LIST OF CONTENTS AND TABLES
Debt Races Ahead of Consumer Loans, Calling for Greater Prudence
Poor Economic Conditions Spur Non-performing Loans, But Nothing Majorly Concerning
Navigating the Lending Landscape in Singapore Growing More Difficult
Personal Loans Still Contribute the Most To Non-card Loans and Debts
Pressure To Own Houses Remains, But Mortgage Loans Will See Declining Growth Rate
Fear of Overspending and Tight Government Regulations Cause Card Lending Outstanding Balance To Keep Decreasing
Laxer Rules Boost Auto Loans Gross Lending and Outstanding Balance
Prioritisation of Education Reflected in Growing Loans and Debts
Major Banks Leverage on Technology To Stay Relevant
Banks Compete on Personal Loan Interest Rates