Consumer credit and lending have experienced substantial growth in the past year. In March 2023, the Central Bank of Egypt reported a significant increase in consumer credit. The rise is attributed to an increase in both local and foreign currency liquidity, shifts in consumer behaviour, and a greater reliance on bank loans and credit to maintain current lifestyles, despite ongoing inflation rates and currency devaluation.
Euromonitor International's Consumer Lending in Egypt 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.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Consumer Lending market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Consumer Lending in Egypt
Euromonitor International
November 2023
List Of Contents And Tables
CONSUMER LENDING IN EGYPT
EXECUTIVE SUMMARY
Consumer lending in 2023: The big picture
Consumer credit emerges as a key player in sustaining purchasing power
Surprising growth in real estate financing fund with active bank participation
Buy Now, Pay Later emerges as the pinnacle of consumer credit trends in Egypt
The future of consumer credit is shaped by fintech in Egypt
MARKET DATA
Table 1 Consumer Lending: Outstanding Balance by Category: Value 2018-2023
Table 2 Consumer Lending: Outstanding Balance by Category: % Value Growth 2018-2023
Table 3 Consumer Lending: Gross Lending by Category: Value 2018-2023
Table 4 Consumer Lending: Gross Lending by Category: % Value Growth 2018-2023
Table 5 Consumer Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
Table 6 Mortgages/Housing: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
Table 7 Consumer Credit: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
Table 8 Card Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
Table 9 Forecast Consumer Lending: Outstanding Balance by Category: Value 2023-2028
Table 10 Forecast Consumer Lending: Outstanding Balance by Category: % Value Growth 2023-2028
Table 11 Forecast Consumer Lending: Gross Lending by Category: Value 2023-2028
Table 12 Forecast Consumer Lending: Gross Lending by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources
CONSUMER CREDIT IN EGYPT
KEY DATA FINDINGS
2023 DEVELOPMENTS
Forbes top 30 fintech companies 2023: Eight leading players from Egypt
Buy Now, Pay Later gains traction: The next trend in consumer credit
Seamless North Africa 2023: Key event in the regional fintech landscape
PROSPECTS AND OPPORTUNITIES
Consumer credit takes centre stage during the forecast period
New consumer finance regulations from the Egyptian financial regulatory authority