The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreNov 2020
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If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!
Card lending is expected to account for 68% over total gross lending within consumer credit in 2020, but only 4% of the overall outstanding balance. This reflects the way in which consumers in Taiwan utilise credit cards.
To help stimulate the economy in the face of COVID-19, the government has taken a range of steps to support consumers and businesses. State-owned banks have been actively cooperating with the government to provide targeted relief measures on credit to small-and-medium-sized enterprises (SMEs) of severely affected industry sectors, with low-interest rates, extended repayment periods, online applications, and instant fund disbursement.
Personal loans is expected to be the most dynamic category in terms of gross lending in 2020, with some consumers looking to take advantage of low interest rates and other government incentives to borrow. The government has also pushed for fintech innovations to speed up local applications.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
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Discover the latest market trends and uncover sources of future market growth for the Consumer Credit industry in Taiwan with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, with our detailed market analysis and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Consumer Credit industry in Taiwan, our research will save you time and money while empowering you to make informed, profitable decisions.
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Euromonitor’s Consumer Credit industry reports, originate from our Passport database, to find out more click here.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.