The South African economy continued to experience slow growth in 2016 due to a myriad of socioeconomic factors that included high inflation, labour riots, rising fuel and energy costs and the falling value of the rand. As a result of all of these factors, the financial position of many consumers continued to worsen. This led more consumers to turn to credit providers for various types of revolving credit such as payday loans and overdrafts to fund their daily expenses and lifestyles.
Euromonitor International's Consumer Lending in South Africa 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.
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 Lending 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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