Market Research Report
Consumer Lending in Indonesia
|Published by||Euromonitor International||Product code||971591|
|Published||Content info||17 Pages
Delivery time: 1-2 business days
|Consumer Lending in Indonesia|
|Published: November 12, 2020||Content info: 17 Pages||
COVID-19 and the measures being taken to contain its spread are having a significant impact on Indonesia's economy, with GDP set to contract by 1.5% in 2020 after growth of 5% in 2019. Private consumption accounts for around 60% of GDP, but with stores and businesses closed for at least part of the year and travel plans put on hold consumer spending has dropped sharply. This in turn has resulted in a steep decline in demand for consumer credit. With many businesses being forced to close this has...
Euromonitor International's Consumer Lending in Indonesia 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
COVID-19 impact on consumer lending
COVID-19 country impact
Government measures fail to stem the decline in consumer lending
Fintech companies fill a gap in the market with short-term loans
Housing market stagnates as moving plans put on hold
What next for consumer lending?
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
KEY DATA FINDINGS
The government steps in to protect credit card holders
Banks fail to bite as the government offers subsidies to encourage lending
Fintech companies benefit from boom in e-commerce
RECOVERY AND OPPORTUNITIES
Will prevailing economic uncertainty limit growth in consumer credit?
Banks looking to improve digital services but stricter lending criteria could open the door to fintech lenders
Mixed results expected as consumers and lenders adapt to the new landscape