Market Research Report
Consumer Lending in Greece
|Published by||Euromonitor International||Product code||973654|
|Published||Content info||19 Pages
Delivery time: 1-2 business days
|Consumer Lending in Greece|
|Published: November 27, 2020||Content info: 19 Pages||
Greece's consumer lending industry faced a tough year during 2020 as the negative economic impact of the COVID-19 pandemic discouraged consumers from borrowing money, unless absolutely necessary. Many people in Greece still harbour bitter memories of the 2008-2009 sovereign debt crisis, which ruined the finances of many households and left many with debt that they were unable to repay. As a result, gross lending declined heavily across consumer lending during 2020, including both consumer credit...
Euromonitor International's Consumer Lending in Greece 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
Debt relief packages help struggling borrowers to manage their credit
Slump in Greek housing market suppresses demand for mortgages
What next for consumer lending?
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
KEY DATA FINDINGS
Low demand for consumer credit suppresses category growth in 2020
Other personal lending bears the brunt of falling demand for credit
Durables lending and auto lending struggle to maintain stable gross lending
RECOVERY AND OPPORTUNITIES
Strong recovery slated for gross lending as demand for credit rebounds
Stricter lending criteria to place pressure on consumer credit
Anticipated spike in non-performing loans to influence consumer credit