Category: Mortgages & Financing
Mortgages & Financing market research reports by Euromonitor International
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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
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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
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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
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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
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Consumer Lending in Indonesia
Consumer Lending in Indonesia Consumer lending in Indonesia saw another strong performance in 2024, similar to that seen in 2023. Economic growth was driven by stable political conditions, controlled inflation rates and also subsidy programs - for example subsidies for two-wheeled electric vehicles. ... Read More
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Consumer Lending in France
Consumer Lending in France Consumer lending in France in 2024 showed slight signs of recovery, following a challenging year in 2023, with growth driven by more accessible interest rates and a rebound in supply. This is observed in both housing mortgage housing and in consumer credit. In September 20 ... Read More
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Consumer Lending in Germany
Consumer Lending in Germany In 2023, Germany’s consumer lending landscape was characterised by a complex interplay of economic challenges and consumer behaviour. While the market was recovering from the COVID-19 pandemic, it faced headwinds from ongoing geopolitical tensions and inflationary pressur ... Read More
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Consumer Lending in Austria
Consumer Lending in Austria Loans became more expensive for consumers in 2023, as a result of the European Central Bank's interest rate policy, with rates rising in response to high inflation in the EU since the energy crisis broke out in 2022 and the war in Ukraine began. The European Central Bank’ ... Read More
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Consumer Lending in the United Arab Emirates
Consumer Lending in the United Arab Emirates Despite rising inflation, increasing mortgage rates and interest rates, consumer lending in the United Arab Emirates remains buoyant in 2023. The local economy’s recovery and expansion are influencing the momentum of consumer lending, but geopolitical ten ... Read More
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Consumer Lending in South Korea
Consumer Lending in South Korea Gross consumer lending’s growth is continuing to outperform outstanding balance, driven by card lending, as local consumers spend more with the reopening of society and cross-border travel. However, outstanding balance on card lending (encompassing card purchases and ... Read More
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Consumer Lending in Greece
Consumer Lending in Greece The growth of gross lending in consumer lending for 2023 is moderate and slower than what was anticipated a year ago. Factors such as surging inflation, an escalating energy crisis exacerbated by the Russian invasion of Ukraine (with its effects fully realised in 2023), an ... Read More
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Consumer Lending in Hungary
Consumer Lending in Hungary The initial optimism of early 2022 was abruptly dampened by the end of the year, and this has persisted throughout 2023. The sharp rise in borrowing costs coupled with a decline in disposable incomes due to high inflation has compelled Hungarians to reassess their budgets ... Read More
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Consumer Lending in the US
Consumer Lending in the US The primary challenges facing consumer lending in 2023 have been a continuation of 2022’s twin factors of higher inflation and increasing interest rates. While the story in 2022 was one of largely unchecked inflation affecting much of the US economy, 2023 has really zeroed ... Read More
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Consumer Lending in Malaysia
Consumer Lending in Malaysia 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 Ma ... Read More
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Consumer Lending in Saudi Arabia
Consumer Lending in Saudi Arabia Consumer lending in Saudi Arabia is on the upturn, as the Kingdom has generally recovered from the aftereffects of the COVID-19 pandemic. Moreso, due to consumer behaviour and expenditures unwaveringly affected by the pandemic, along with 15% VAT, consumer lending is ... Read More
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Consumer Lending in Italy
Consumer Lending in Italy Consumer lending in Italy maintained positive, albeit modest growth in current value terms in 2023, as ongoing economic uncertainty led many Italians to retain a cautious attitude towards borrowing. Factors such as high inflation rates, increasing ECB interest rates and hig ... Read More
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Consumer Lending in Turkey
Consumer Lending in Turkey In 2023, consumer lending has witnessed a surge in current value growth, despite soaring inflation rates that have caused substantial economic challenges for consumers. Unpredictable fluctuations in the cost of living and foreign exchange rates have made consumers more rel ... Read More
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Consumer Lending in Romania
Consumer Lending in Romania Consumer lending in Romania for the year 2023 portrays a nuanced landscape influenced by several key factors. The confluence of increasing interest rates, high inflation, and the geopolitical context shaped by the Russian invasion of Ukraine has collectively dampened Roma ... Read More
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Consumer Lending in Singapore
Consumer Lending in Singapore Consumer lending in Singapore is exhibiting positive growth in 2023, displaying a robust recovery from the pandemic's impact since 2022. Notably, card lending has emerged as a significant driver of growth in overall consumer lending, coinciding with the country's ongoin ... Read More
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Consumer Lending in Vietnam
Consumer Lending in Vietnam In 2023, the State Bank of Vietnam implemented measures to promote consumer lending for daily needs. To encourage banks to increase their lending activities, including consumer lending, the State Bank issued Circular No. 06/2023/TT-NHNN on 28 June 2023, amending and suppl ... Read More
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Consumer Lending in Sweden
Consumer Lending in Sweden Gross lending in Sweden registered positive, yet slower growth in 2022, as the uncertain economic environment, exacerbated by the Russian invasion of Ukraine, led to a decline in consumer confidence. In August 2022, the annual inflation rate soared to almost 10%, the highe ... Read More
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Consumer Lending in Morocco
Consumer Lending in Morocco While Morocco saw dynamic demand for consumer lending immediately post-pandemic as retailers and foodservice outlets reopened their doors to consumers, from September 2022 the market has been impacted by soaring prices impacting purchasing power across households. This tr ... Read More
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Consumer Lending in Argentina
Consumer Lending in Argentina The credit market in Argentina remains highly restricted, primarily constrained to personal loans. The funds that banks receive from their clients are predominantly funnelled into a financial instrument called Leliq, which offers a lucrative high-interest rate. This mon ... Read More
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Consumer Lending in Israel
Consumer Lending in Israel In 2023, the Bank of Israel implemented a significant benchmark interest rate hike. This resulted in a sharp increase in mortgage payments, impacting individuals who hold mortgages and loans. The aggressive interest rate hikes have escalated mortgage and loan holding costs ... Read More
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Consumer Lending in the United Kingdom
Consumer Lending in the United Kingdom In comparison with Eurozone countries, the UK economy has continued to be impacted by high inflation and the soaring cost of living in 2023. While rising electricity and gas prices drove inflation in 2022, they have been gradually decreasing in 2023, and what i ... Read More
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