Consumer Credit in Peru

November 2023 | 14 pages | ID: C377E15FE8AAEN
Euromonitor International Ltd

Abstracts

Consumer credit has continued to witness robust growth in 2023, albeit at a moderated pace compared to the preceding two years. This growth encompasses both outstanding balances and gross lending, having already rebounded to pre-pandemic levels in 2022. The resurgence is attributed to a gradual return of individuals to their routine activities post the pandemic-related restrictions. Consequently, consumer spending and financing habits have resumed, fuelling the upswing. Furthermore, the growth m...

Euromonitor International's Consumer Credit in Peru 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.

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Contents

Consumer Credit in Peru
Euromonitor International
November 2023
List Of Contents And Tables
CONSUMER CREDIT IN PERU
KEY DATA FINDINGS

2023 DEVELOPMENTS

Resilient growth of consumer credit due to cautious consumer behaviour and sluggish economic growth
Heightened scrutiny in consumer credit evaluation and offerings
Strategic expansion of municipal savings banks into credit card services with stringent client evaluation
PROSPECTS AND OPPORTUNITIES
Moderate growth of consumer credit amid economic and weather-related challenges
Intensified competition driving demand for consumer loans
Interest rate dynamics shaped by inflation and weather uncertainties
CATEGORY DATA
Table 1 Consumer Credit: Outstanding Balance by Category: Value 2018-2023
Table 2 Consumer Credit: Outstanding Balance by Category: % Value Growth 2018-2023
Table 3 Consumer Credit: Gross Lending by Category: Value 2018-2023
Table 4 Consumer Credit: Gross Lending by Category: % Value Growth 2018-2023
Table 5 Forecast Consumer Credit: Outstanding Balance by Category: Value 2023-2028
Table 6 Forecast Consumer Credit: Outstanding Balance by Category: % Value Growth 2023-2028
Table 7 Forecast Consumer Credit: Gross Lending by Category: Value 2023-2028
Table 8 Forecast Consumer Credit: Gross Lending by Category: % Value Growth 2023-2028
CONSUMER LENDING IN PERU
EXECUTIVE SUMMARY
Consumer lending in 2023: The big picture

2023 KEY TRENDS

Mortgage loans and emerging trends in 2023: Adapting to economic realities
Buy Now, Pay Later landscape in Peru: Pioneering initiatives by Banco de Crйdito del Perъ and Keo Peru
What next for consumer lending?
MARKET DATA
Table 9 Consumer Lending: Outstanding Balance by Category: Value 2018-2023
Table 10 Consumer Lending: Outstanding Balance by Category: % Value Growth 2018-2023
Table 11 Consumer Lending: Gross Lending by Category: Value 2018-2023
Table 12 Consumer Lending: Gross Lending by Category: % Value Growth 2018-2023
Table 13 Consumer Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
Table 14 Mortgages/Housing: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
Table 15 Consumer Credit: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
Table 16 Card Lending: Non-performing vs Other Loans Outstanding Balance: % Value 2018-2023
Table 17 Forecast Consumer Lending: Outstanding Balance by Category: Value 2023-2028
Table 18 Forecast Consumer Lending: Outstanding Balance by Category: % Value Growth 2023-2028
Table 19 Forecast Consumer Lending: Gross Lending by Category: Value 2023-2028
Table 20 Forecast Consumer Lending: Gross Lending by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources