During the forecast period, consumer credit in Italy is expected to register a positive performance, in keeping with the gradual recovery of the economy. In particular, the National Recovery and Resilience Plan sets out a comprehensive package of measures which aim to mitigate the effects of the COVID-19 pandemic.
The COVID-19 pandemic accelerated the trend towards the digitalisation of financial services, including consumer credit. Over the forecast period it is expected that consumers will manage their loans and other credit lines through a range of different channels, as in keeping with the omnichannel strategies of financial institutions.
The rise of green loans and sustainability-led lending will also be a central theme over the forecast period, in view of the growing importance of ESG (Environmental, Social and Governance) factors, in Italy and worldwide. A crucial element will be the ability of institutions to implement the interventions envisaged by the PNRR within the agreed timeframe and in the ways agreed with the European Commission.
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Understand the latest market trends and future growth opportunities for the Consumer Credit industry in Italy with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Consumer Credit industry in Italy, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Non-mortgage consumer debt extended to individuals for personal or household use including installment loans and credit cards. Examples of consumer credit include auto lending, card lending, durables lending, education lending, home lending and other personal loans. Consumer credit includes both revolving and non-revolving credit.See All of Our Definitions
This report originates from Passport, our Consumer Credit research and analysis database.
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