Market Research Report
Consumer Lending in Singapore
|Published by||Euromonitor International||Product code||971597|
|Published||Content info||15 Pages
Delivery time: 1-2 business days
|Consumer Lending in Singapore|
|Published: November 12, 2020||Content info: 15 Pages||
COVID-19 and the ensuing recession have had a detrimental impact on consumer lending in Singapore, with declines in both gross lending and outstanding balance values in 2020. The impact across loan categories has been varied.
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
COVID-19 impact on consumer lending
COVID-19 country impact
Auto lending dips sharply in 2020 as COVID-19 measures reduce need to commute
Education lending to remain resilient as COVID-19 disrupts overseas study plans
Loan application process for major Singapore banks simplified with MyInfo
What next for consumer lending?
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
KEY DATA FINDINGS
Gross lending sees a sharp dip in 2020 with circuit breaker measures and recession encouraging prudent spending
Loan deferment measures help alleviate potential rise in non-performing loans
RECOVERY AND OPPORTUNITIES
Gross lending expected to recover to pre-COVID-19 levels in 2023
Digital banks to intensify competition within local consumer banking landscape