Market Research Report
Consumer Lending in Chile
|Published by||Euromonitor International||Product code||982849|
|Published||Content info||16 Pages
Delivery time: 1-2 business days
|Consumer Lending in Chile|
|Published: January 7, 2021||Content info: 16 Pages||
2020 was a mixed year for consumer lending. COVID-19 has meant that, in general, gross lending slowed down, particularly as mortgages had already started experiencing a slowdown as a result of social unrest towards the end of 2019. Furthermore, the market struggled with uncertainty caused by the expected resurgence in March as well as the possible beginning of a new constitutional process in the country. While the market responded with interest rates reductions, worried consumers postponed the p...
Euromonitor International's Consumer Lending in Chile 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
Law changes, government stimuli packages define 2020 for the market
Fintech companies begin wading into the competition
Housing market seems able to remain afloat despite COVID-19 impact
What next for consumer lending?
GLOBAL MACROECONOMIC ENVIRONMENT
GLOBAL INDUSTRY ENVIRONMENT
Debt deferrals and refinancing options offered as support to borrowers
Auto lending struggles due to the shift in the economic landscape
10% pension fund withdrawal scheme adds unexpected dynamism
RECOVERY AND OPPORTUNITIES
Durables lending and home lending to benefit from home seclusion
Outstanding balance to take years to see significant reductions
Chileans expected to continue taking on high levels of debt