Consumer credit in the Philippines demonstrated strong growth in outstanding balance during 2011, while growth in gross lending was more modest. This growth was mainly due to sustained economic growth in the country, while the fact that the lending standards and criteria applied to prospective borrowers remained unchanged during the year also played a part. The low interest rates in the Philippines and attractive lending terms also stimulated demand for consumer credit over the course of 2011.
Euromonitor International's Consumer Credit in Philippines 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: Auto Lending, Card Lending, Durables Lending, Education Lending, Home Lending, Other Personal Lending.
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 Credit 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.
Click for Report details:Consumer Credit in the Philippines - Market Report