Category: Financial Services
Financial Services market research reports by Euromonitor International
-
Consumer Credit in Canada
Consumer Credit in Canada In 2024, consumer credit in Canada reached its highest rate of participation despite ongoing economic pressures, with the number of Canadians holding at least one credit product surpassing 31 million in 2024 - an all-time high, according to TransUnion. This increase has bee ... Read More
-
Consumer Credit in Poland
Consumer Credit in Poland In 2024, consumer credit in Poland saw the value of consumer credit gross lending in 2024 impacted by rising household incomes and demand for financing the purchases with credit cards. Also influencing the category’s progress in 2024 were lower inflation rates than in 2023, ... Read More
-
Consumer Lending in Norway
Consumer Lending in Norway Consumer lending witnessed another record year of growth in Norway over 2024. Following the challenging pandemic years and a period of high inflation due to the war in Ukraine, the economy is beginning to feel the positive effects of falling inflation. In 2024, both gross ... Read More
-
Debit Cards in Portugal
Debit Cards in Portugal Debit cards in Portugal showed strong growth in 2024, despite already-high penetration, with the number of cards recording double-digit rises. Cross-selling strategies allied to the change in the national payments ecosystem have boosted the positive trend, as has the growing ... Read More
-
Charge Cards in Portugal
Charge Cards in Portugal In 2024 the market size for charge cards in Portugal remained small, with issuers much more focused on credit cards. Only a few players offer charge cards to clients with these cards seen as secondary and complementary products to their main offering. In Portugal, charge car ... Read More
-
Consumer Lending in Portugal
Consumer Lending in Portugal Consumer lending gross lending in Portugal recorded positive growth in 2024, mainly driven by the continuous rise in mortgages, and as families still relied upon personal credit to manage various expenses, even with high interest rates. In auto lending, second hand cars ... Read More
-
Consumer Credit in Portugal
Consumer Credit in Portugal Consumer credit in Portugal benefitted from high inflation and the resultant reduction of households’ purchasing power in 2024. Local consumers have been changing their purchasing habits in recent years, increasingly opting for credit cards and Buy Now Pay Later (BNPL). A ... Read More
-
Pre-Paid Cards in Portugal
Pre-Paid Cards in Portugal Pre-paid cards in Portugal saw both open loop and closed loop cards grow in 2024, benefitting from a positive economic environment. Inflation rates decreased in a trend set to persist into the early forecast period at least, meaning less pressure on prices and greater grow ... Read More
-
Consumer Lending in the Netherlands
Consumer Lending in the Netherlands Consumer lending continued to suffer from downwards pressure in the Netherlands in 2024, due to ongoing regulations from the Netherlands Authority for the Financial Markets (AFM), along with national banks such as De Nederlandsche Bank (DNB), and other regulators. ... Read More
-
Consumer Credit in Norway
Consumer Credit in Norway Card lending remains the largest type of consumer credit in Norway in gross lending terms. In 2024, card lending faces little competition in the consumer credit landscape with almost two-thirds of gross lending attributed to card lending in Norway. While card lending decrea ... Read More
-
Consumer Lending in Canada
Consumer Lending in Canada Consumer lending in Canada continued to grow in 2024 despite the challenge environment. Thanks to high inflation, interest rates were high level throughout the year, with the hope for rate cuts unrealistic until the later months of 2024 and into 2025. The country is suffer ... Read More
-
Consumer Credit in the Netherlands
Consumer Credit in the Netherlands Non-card lending saw negative pressure in the Netherlands in 2024, due to the increased focus on responsible credit and the enforcement of credit rules. The Netherlands Authority for the Financial Markets (AFM) has identified consumer credit players who were not st ... Read More
-
Credit Cards in Portugal
Credit Cards in Portugal Credit cards in Portugal benefitted from falling interesting rates and rising consumer confidence in 2024. Though inflation levels and interest rates remained relatively high, the slowdown of the Euribor interest rates bolstered consumer confidence. This was especially show ... Read More
-
Store Cards in Portugal
Store Cards in Portugal Store cards in Portugal witnessed its number of cards in circulation continue to fall in 2024, with the decline driven largely by retailers’ cards shifting to the credit cards category. Transaction value rose marginally, however, boosted by improvements in available income as ... Read More
-
Financial Cards and Payments in Portugal
Financial Cards and Payments in Portugal Financial cards and payments continued to rise in Portugal in 2024 as cards and electronic payments continued taking ground from paper. The trend towards for cashless payment solutions has accelerated, largely due to contactless technology and the adoption of ... Read More
-
Consumer Lending in Poland
Consumer Lending in Poland Consumer lending in Poland saw solid growth in terms of consumer credit gross lending in 2024. While inflation was falling it remained above target, and the country’s economic growth was stimulated by consumption and public spending. Unemployment levels were low, and there ... Read More
-
Store Cards in Canada
Store Cards in Canada 2024 saw store cards in Canada benefit from increased investment in innovation and flexible features. With inflation still high, consumers continued to seek to save money on shopping. Retailers and store cards issuers have adapted to clients’ demands by including appealing feat ... Read More
-
Debit Cards in Norway
Debit Cards in Norway Debit cards continue to be the favourite payment method among Norwegians in 2024 with debit cards witnessing steady growth in current value terms. Above average inflation was partly responsible for the growth in transaction spend, which slowed compared to recent years. The numb ... Read More
-
Charge Cards in Norway
Charge Cards in Norway Charge cards is a niche category in the Norwegian financial cards and payments landscape where debit cards and credit cards dominate. Charge cards are considered less flexible than credit cards and issuers/operators, with less well-known brands compared to the leading banks, w ... Read More
-
Consumer Lending in Egypt
Consumer Lending in Egypt Consumer lending in Egypt had a successful year in 2024, both for banks and consumers. The World Bank classifies Egypt as a lower middle-income country which has significant potential to leverage its existing manufacturing and services sectors and strategic geographical loc ... Read More
-
Credit Cards in Egypt
Credit Cards in Egypt A key trend affecting credit cards in Egypt in 2024 centred on changing regulations around the use of such cards abroad. Whilst the Central Bank of Egypt (CBE) did issue restrictions on the use of Egyptian credit cards used abroad in in late 2023 and early 2024, the CBE then in ... Read More
-
Financial Cards and Payments in Canada
Financial Cards and Payments in Canada Financial cards and payments in Canada was impacted by moderated inflation rates in 2024, following raised interest rates immediately post-pandemic when inflation was high. Now, with the situation eased somewhat, the Bank of Canada has cut rates more than once ... Read More
-
Charge Cards in Canada
Charge Cards in Canada Charge cards in Canada faced challenges to growth in 2024. High prices of groceries, as well as gas and rent, most Canadians struggled to meet their monthly financial needs. Credit card outstanding balances soared, despite the efforts of the Bank of Canada to control inflation ... Read More
-
Pre-Paid Cards in Canada
Pre-Paid Cards in Canada Pre-paid cards in Canada saw growth spurred by rising demand for financial inclusion and access to banking in 2024. These cards, whether, open or closed, are an easy way for consumers to make transactions and payments. With the continued trend of consumers moving away from c ... Read More
-
Credit Cards in the Netherlands
Credit Cards in the Netherlands Credit cards face extinction due to the withdrawal of the ""Gespreid Betalen Faciliteit"" (Spread Payment Facility) in the Netherlands in 2024. The Dutch government and financial institutions have focussed on reducing fraud and enhancing consumer protection, leading t ... Read More
Research Assistance
