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Sector Analysis
Sweden Retail Banking: Opportunities and Risks to 2023
Sweden’s total loan balances outstanding (including credit card, personal loan, and residential mortgage balances outstanding) recorded a healthy compound annual growth rate (CAGR) of 6.9% during 2014-18 to reach SEK4.0tn ($452.4bn). The country’s household debt is rapidly rising and ranks among the top 10 countries with high household debt globally. The majority of the Swedish loan balances outstanding are from home loans, as residential mortgage balances outstanding accounted for 82% of total balances outstanding in 2018, followed by personal loans...
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Sector Analysis
Indonesia Retail Banking: Opportunities and Risks to 2023
Indonesia’s total of outstanding loan balances (including residential mortgage balances outstanding, personal loan balances and credit card balances) recorded a compound annual growth rate (CAGR) of 8.3% during the review period (2014-2018), reaching IDR$2,750.5tn ($191.18bn). The majority of loan balances outstanding are from personal loans; personal loan balances outstanding accounted for 79.2% of total balances in 2018, followed by home loans (17.8%) and credit cards (3%). The mortgage loans market was the fastest-growing market during the review period. The Indonesian...
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Sector Analysis
Denmark Retail Banking: Opportunities and Risks to 2023
Denmark’s total outstanding loan balances (including credit card balances, personal loan balances and residential mortgage balances outstanding) recorded a low CAGR of 0.8% during 2014-18, to reach DKK2.4tn ($367.1bn) in 2018. The country’s non-mortgage household debt has been on a downward trend, while mortgage debt is rising. The majority of Danish loan balances outstanding are from home loans, while residential mortgage balances outstanding account for 88.4% of total balances outstanding in 2018, followed by personal loans (11.0%) and credit card...
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Sector Analysis
Finland Retail Banking: Opportunities and Risks to 2023
The Total outstanding loan balances (including credit card, personal loan and residential mortgage balances outstanding) in Finland grew at a compound annual growth rate (CAGR) of 2.4% during 2014-18, to reach €132,419m ($151,692.28m). Growth was supported by rising private consumption and investment activity. Residential mortgage outstanding balances accounted for 73.3% of the total balances outstanding in 2018, followed by personal loans (24.1%) and credit card outstanding balances outstanding (2.7%). Personal loan balances were the fastest-growing segment, at a review-period CAGR...
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Sector Analysis
South Africa Retail Banking: Opportunities and Risks to 2023
The Total of outstanding loan balances (including outstanding credit card, personal loan and residential mortgage balances) in South Africa grew at a compound annual growth rate (CAGR) of 3.8% during 2014-18, to reach ZAR1.6tn ($111.2bn) in 2018. The majority of the population’s loan balances are from residential mortgages; home loans accounted for 57.4% of the total outstanding balances in 2018, followed by personal loan balances (35.1%) and credit card balances (7.5%). South Africans have very high household debt, as consumers...
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Sector Analysis
Netherlands Retail Banking: Opportunities and Risks to 2023
The Netherlands’ total loan balances outstanding (including credit card balances, personal loan balances and residential mortgage balances outstanding) recorded a CAGR of 0.9% during 2014-18, to reach €737.9bn ($848.1bn) in 2018. The country’s household debt fell within the top 10 countries globally in 2018. The majority of the Dutch loan balances outstanding are from home loans; residential mortgage balances outstanding accounted for 95.5% of total balances outstanding in 2018, followed by personal loans (4.3%) and credit card loans (0.2%). However,...
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Sector Analysis
Mexico Retail Banking: Opportunities and Risks to 2023
Mexico’s total loan balances outstanding (including residential mortgage balances outstanding, personal loan balances and credit card balances) recorded a CAGR of 9.9% during 2014-18, to reach MXN3.8tn ($193.5bn) in 2018. The country’s household debt, which witnessed a sharp increase in the review period, is far behind in magnitude when compared to other developing economies of the world. The majority of Mexican loan balances outstanding are from home loans; residential mortgage balances outstanding accounted for 63.3% of total balances outstanding in...
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Sector Analysis
Singapore Retail Banking: Opportunities and Risks to 2023
Singapore’s total loan balances outstanding (including credit card balances, personal loan balances and residential mortgage balances outstanding) recorded a CAGR of 2.7% during 2014-18, to reach S$328.0bn ($240.8bn) in 2018. The majority of the Singaporean loan balances outstanding are from home loans; residential mortgage balances outstanding accounted for 75.1% in 2018, followed by personal loans (21.3%) and credit cards (3.5%). Mortgage loans was the fastest-growing segment during the review period, contributing to the gradual increase in overall household debt. However,...
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Sector Analysis
Poland Retail Banking: Opportunities and Risks to 2023
The Total loan balances outstanding (including residential mortgage balances outstanding, personal loans and credit cards) in Poland grew at a compound annual growth rate (CAGR) of 5.0% during 2014-18, to reach PLN719,905m ($192,143m). Growth can be attributed to a robust economic situation, driving strong employment and higher private consumption. Home loan balances outstanding accounted for 60.9% of the total balances outstanding in 2018, followed by personal loans (37%) and credit card balances outstanding (2%). The personal loans market grew the...
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Sector Analysis
Coronavirus (COVID-19) Sector Impact - Retail banking - China
The Coronavirus (SARS-CoV-2) outbreak, dubbed COVID-19, is first and foremost a human tragedy, affecting millions of people globally. The contagious coronavirus, which broke out at the close of 2019, has led to a medical emergency across the world, with the World Health Organization officially declaring the novel coronavirus a pandemic on March 11, 2020. Fears surrounding the impact of COVID-19 have already significantly impacted the global economy, with key markets across the globe losing 20-50% of their value for the...
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