Towards the end of the review period, many local consumers took out personal loans to cope with higher financial burdens. Malaysian banks have offered personal loans with more flexible repayment plans and more appealing terms when required. The economic uncertainty in Malaysia, with relatively high inflation and a cost of living crisis, is stimulating banks to offer such personal loan products in 2023.
Euromonitor International's Consumer Lending in Malaysia 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 Malaysia
Euromonitor International
November 2023
List Of Contents And Tables
CONSUMER LENDING IN MALAYSIA
EXECUTIVE SUMMARY
Consumer lending in 2023: The big picture
2023 key trends
Mortgages/housing continues to enjoy healthy value growth as the government aids first-time home buyers
Buy Now Pay Later trend strengthens with new players
What next for consumer lending?
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 MALAYSIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Macroeconomic and environmental factors causing a mixed reaction in outstanding loans in Malaysia
Continuous rise in Buy Now Pay Later (BNPL) players caters to e-commerce shopping players
Growing trend of electric vehicles (EVs) leads to the launch of customised hire purchase loans to cater to EV owners