Market Research Report
Consumer Lending in Russia
|Published by||Euromonitor International||Product code||971596|
|Published||Content info||16 Pages
Delivery time: 1-2 business days
|Consumer Lending in Russia|
|Published: November 12, 2020||Content info: 16 Pages||
The COVID-19 outbreak had a significant impact on consumer lending in Russia, with self-isolation and lockdown measures making it difficult for consumers to apply for loans. Consequently, many Russians postponed purchases of some non-essential goods, although various government programmes helped to support demand. Auto lending has been hit particularly hard by the pandemic, while durables and home lending have proven to be more resistant.
Euromonitor International's Consumer Lending in Russia 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
Demand for new loans hit hard by widespread economic uncertainty
Crisis further drives expansion of online consumer lending
Demand for mortgages recovers after initial sharp decline
What next for consumer lending?
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
KEY DATA FINDINGS
Uncertainty over COVID-19 limits loan demand and increases defaults
Demand for auto loans hit hard by decline in consumer confidence
Government implements various measures to boost confidence
RECOVERY AND OPPORTUNITIES
Future demand trends dependent upon strength of economic recovery
Leading lenders look to attract customers with enticing offers
Pandemic further drives expansion of digital lending