Market Research Report
Consumer Lending in Peru
|Published by||Euromonitor International||Product code||976807|
|Published||Content info||15 Pages
Delivery time: 1-2 business days
|Consumer Lending in Peru|
|Published: December 7, 2020||Content info: 15 Pages||
Negative growth was recorded across the Peruvian consumer lending industry during 2020 as the COVID-19 pandemic had a very detrimental impact on the willingness of people to borrow money. Indeed, negative growth was recorded in gross lending and outstanding balance terms in all categories of consumer credit as well as mortgages/housing lending, with the motivation to go into debt diminishing substantially as the pandemic took hold among the population and the economy stuttered under the pressure...
Euromonitor International's Consumer Lending in Peru 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
The COVID-19 pandemic turns the spotlight on Peru's lenders
The rapid expansion of fintech a major spur on growth
Mortgages/housing lending fares relatively well amidst COVID-19
What next for consumer lending?
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
KEY DATA FINDINGS
Peruvian society pulls together in the face of the COVID-19 pandemic
Pressures of the COVID-19 situation led to improved communication
COVID-19 leads to a more circumspect approach to consumer lending
RECOVERY AND OPPORTUNITIES
Auto lending slated for a strong recovery after a difficult year in 2020
Consumer credit set to benefit from expansion of the banked population
The emergence of fintech set to spur growth in consumer credit