Market Research Report
Consumer Lending in Singapore
|Published by||Euromonitor International||Product code||297361|
|Published||Content info||10 Pages
|Consumer Lending in Singapore|
|Published: October 23, 2017||Content info: 10 Pages||
Consumer lending and outstanding balance continues to grow despite a softening in Singapore's economy, largely spurred by growth in mortgages, card and education lending. There is strong societal pressure in Singapore to own a house, with mortgage lending being the most serviced and most applied for by Singaporeans regardless of the country's economic condition. The growth of education lending is also largely unaffected by prevailing economic conditions, due to the huge importance.
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
Consumer Lending Stable Despite Economic Environment
Alternative Financial Service Providers Find It Increasingly Difficult To Conduct Business
Non-performing Loans Expected To Decline As Government Tightens Lending Rules
Outstanding Balance Expected To Experience Slower Growth As Consumer Debt Awareness Rises
Mortgage Lending Growing But Future Growth Impacted by Various Factors
Card Lending Outstanding Balance Declines Steadily As Consumer Debt Awareness Rises
Auto Loans Experiences Low Growth Despite Loosening of Lending Rules
Education Lending Continues To Grow Strongly Despite Weakening Economy
Big Three Banks Dominate Retail Banking Landscape in Singapore
Low Awareness of International Banks
Moneylenders See Tighter Margins and Shrinking Business